The Biden administration targeted 10 prescription drugs Tuesday as part of the first-ever Medicare price negotiation, a move that it said would benefit about 165,000 people in Arizona.
The Biden administration targeted 10 prescription drugs Tuesday as part of the first-ever Medicare price negotiation, a move that it said could benefit 9 million beneficiaries – including 165,000 in Arizona.
“We are here today with the firm belief that in the United States of America, no senior should ever have to choose between whether they are able to fill a prescription or fill their refrigerator with food,” Vice President Kamala Harris said at an event to unveil the list. “The price-setting provisions in the IRA are bad policy,” Ubl said in videotaped statement on the filing of a federal lawsuit in June. “They threaten our industry’s ability to research and develop new treatments and cures, they put access to innovative medicines at risk for Americans today and in the future and they jeopardize providers ability to proscribe the treatment they believe are in the best interest of their patients.
Out-of-pocket payments for Arizona recipients in 2022 ranged from $126 for insulin treatments Flasp and NovoLog to $6,319 for Imbruvica, a cancer treatment drug. Arizona generally fell in the middle of the pack for patient payments compared to other states, according to data from HHS. “The bottom line is that passing the prescription drug pricing provisions in the IRA of 2022 is better than nothing – but it’s certainly not something to write home about,” said Arizona Public Health Association Executive Director Will Humble in a blog post last year.
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