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Posts tagged with "insulin costs"

Biden Administration Announces 10 Drugs Up for Negotiation in 2024 CMS Rules

Biden Administration Announces 10 Drugs Up for Negotiation in 2024

The Biden administration released its list of 10 drugs for direct price negotiations with manufacturers. The highly anticipated list is the most recent step in enacting a part of the Inflation Reduction Act (IRA) of 2022. The drugs listed are largely treatments related to Type 2 diabetes, blood thinning, arthritis and cancer...
HHS Announces Timeline for Medicare Drug Price Negotiation CMS Rules

HHS Announces Timeline for Medicare Drug Price Negotiation

On Wednesday, the U.S. Department of Health and Human Services announced its timeline for the Medicare Drug Price Negotiation Program, a key point of legislation in the Inflation Reduction Act (IRA). In a press call, Centers for Medicare and Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure said that the department will...
National News

UnitedHealth Group's 2022 Q2 Profits Top $5B - Insurer Announces $0 Cost Share for Insulin

The pharmacy and benefits manager and provider (PBM) Optum, a subsidiary of UnitedHealth Group, helped to push growth expectations bringing UnitedHealthcare (UHC) net earnings outlook to $20.45 to $20.95 per share and adjusted net earnings to $21.40 to $21.90 per share. UnitedHealth Group reported revenues of $80.3 billion, demonstrating...
National News

CMS Announces Voluntary Models for Enhanced Part D Plans - $35 Copay for Insulin

The new model tests a plan design that provides beneficiaries in participating plans with predictable copays for a broad set of formulary insulins, including rapid-acting, short-acting, intermediate-acting, and long-acting insulins, marketed by participating manufacturers; Sanofi, Novo Nordisk and Eli Lilli will collaborate or take...
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