They include popular diabetes treatment Jardiance and the blood thinner Eliquis.
President Joe Biden speaks about health care and prescription drug costs at the University of Nevada, Las Vegas, on March 15, 2023, in Las Vegas.WASHINGTON — The popular diabetes treatment Jardiance and the blood thinner Eliquis are among the first drugs that will be targeted for price negotiations in effort to cut Medicare costs.
The move is expected to cut costs for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers. It’s also a centerpiece of as he seeks a second term in office by touting his work to lower costs for Americans at a time when the country has struggled with inflation.
Medicare spent about $10 billion in 2020 on Eliquis, according to AARP research. It treats blood clots in the legs and lungs and reduces the risk of stroke in people with an irregular heartbeat called atrial fibrillation. from the White House after the announcement. He'll be joined by Vice President Kamala Harris.
About 9% of Medicare beneficiaries age 65 and older said in 2021 that they did not fill a prescription or skipped a drug dose due to cost, according to research by the Commonwealth Fund, which studies health care issues.
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