Friday, March 26, 2021

How Biden could try to reduce prescription drug costs

How Biden could try to reduce prescription drug costs

President Joe Biden could use his executive authority to reduce prescription drug costs under the Affordable Care Act using the Center for Medicare and Medicaid Innovation or through the authority granted under Medicare that allows demonstration projects that test new health care delivery and payment models, according to an analysis by Kaiser Family Foundation policy experts. Other tools that could be used to make policy changes to reduce prescription drug costs include annual payment and policy rules, regulatory guidance and waivers.

Full Story: Kaiser Family Foundation (3/25) 


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