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BioWorld - Friday, March 24, 2023
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Home » US RX pricing controls begin to kick in
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US RX pricing controls begin to kick in

March 15, 2023
By Mari Serebrov
No Comments
Despite the new Medicare inflation rebate, the U.S. price of 27 Part B drugs grew faster than inflation in the last quarter of 2022, triggering the new rebate provision in the Inflation Reduction Act. The manufacturers of those single-source drugs will be billed for the rebates in 2025, but Medicare beneficiaries should see a drop in their coinsurance for those drugs, for the next quarter at least.  According to the Biden administration, the decrease in out-of-pocket costs for those drugs will range from $2 to as much as $390 per average dose from April 1 through June 30.
BioWorld Regulatory U.S. Medicare

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