Last week the Department of Justice gave CVS and Aetna approval for their $69 billion merger on the condition that Aetna sells off its Medicare Part D prescription drug business. Insurers cozying up with the pharmaceutical industry is a growing trend, think: OptumRx and UnitedHealth, or the recent Cigna-Express Scripts...Arizona News
The pharmaceutical companies on Capitol Hill rarely get the short-end of the stick, so it shouldn't come as a surprise that the industry is lobbying for a provision to block the increase of the percentage of drug costs they must cover under Medicare.
Lawmakers are now considering to add measures that would ease the burden of drug...National News
The Congressional Budget Office (CBO) missed $4 billion in savings evaluating changes to Medicare Part D by Congress.
Initially the Bipartisan Budget Act of 2018 had estimated saving Medicare $7.7 billion over the period of 10 years, but oversight from the CBO found that legislative changes to the drug discount program yielded...
