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The Independent UK
The Independent UK
National
Tom Murphy,Amanda Seitz and Chris Megerian

See which drugs Biden is targeting first for Medicare price-lowering talks

Medicare Joe Biden CMS PhRMA
Copyright 2023 The Associated Press. All rights reserved

President Joe Biden on Tuesday touted Medicare announcing the list of drugs for which it will begin to negotiate prices, calling it a win for patients.

The president made his remarks at the White House after the Department of Health and Human Services announced that the Centers for Medicare and Medicaid Services would begin the process of negotiating the prices of ten drugs. The negotiations will take place throughout 2023 and 2024 and the new drug prices will take effect in 2026.

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