HHS Announces 15 Additional Drugs Selected for Medicare Drug …

14 hours ago · Medicare has selected 15 more drugs to negotiate directly with participating drug companies. Building on the success of the first round of negotiations, the aim is to lower prices for some more of the costliest prescription drugs.

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Medicare Announces 15 New Drugs Up For Price Negotiations, …

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14 hours ago · Together, the 15 drugs selected accounted for $41 billion, or 14%, of total Medicare Part D spending. When combined with the first 10 drugs already negotiated by …

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FAQs about HHS Announces 15 Additional Drugs Selected for Medicare Drug … Coupon?

How many drugs have been selected for Medicare price negotiation?

The Centers for Medicare and Medicaid Services (CMS) has selected 15 more drugs for Medicare price negotiation, announcing the selection two weeks ahead of schedule. Administration officials did not share which drugs had been selected, only saying in a briefing that the 15 that had been chosen, combined with the 10 that have already been… ...

Did CMS announce a new drug selection early in anticipation of Trump?

When asked if the new selection was announced early in anticipation of the incoming Trump administration, a senior administration official noted CMS had completed actions related to Medicare negotiations ahead of set deadlines in the past. The agency will announce the 15 new drugs chosen for Medicare negotiation on Friday morning. ...

How many Medicare Part D drugs have been selected?

Administration officials did not share which drugs had been selected, only saying in a briefing that the 15 that had been chosen, combined with the 10 that have already been negotiated on, represent a third of Medicare Part D spending. CMS had until Feb. 1 to announce the new batch of drugs chosen for negotiation. ...

How many selected drugs will be available in 2026?

This announcement brings the list of selected drugs up to 25. Nearly two years ago, the administration announced 10 drugs selected for the first cycle of negotiations. Those prices will become effective starting in January 2026. ...

How much will Medicare save on prescription drugs in 2026?

“In 2026, people with Medicare prescription drug coverage are expected to see aggregated estimated savings of $1.5 billion in their personal out-of-pocket costs,” the Department of Health and Human Services said. In the future, an additional 15 drugs will be selected for the third cycle of negotiation. ...

When will Medicare lowered drug prices go into effect?

The lowered prices for the first 10 drugs will go into effect beginning in 2026. Because Medicare does not disclose the net price it pays for drugs, the true savings are unclear. “Today, I’m proud to announce that my Administration has selected the next 15 drugs for Medicare drug price negotiation. ...