Time Running Out For Brands To Lower Their Share Of Seniors’ Drug Costs

November 07, 2018
Brand lobbyists are under pressure to get GOP lawmakers to lower industry’s share of Medicare beneficiaries’ drug costs during the lame duck session before the new Part D measure takes effect and Democrats take over the House. Earlier this year, Congress increased the brand-drug industry’s share of beneficiaries’ donut-hole coverage from 50 percent to 70 percent, and brand lobbyists have since been trying to bring industry’s share down to 63 percent. They don’t have much time. The new policy takes...

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