The Biden administration sends Medicare price offers to drug companies for 10 prescription drugs, ... Thursday's effort was the opening salvo over Medicare drug price negotiations.

Medicare, the health insurance program for people over 65 years old, said it will start negotiating prices on 10 drugs, part of its mandate under the Inflation Reduction Act to lower prescription ...

More medicines will be spared from Medicare price negotiations, a change that is projected to wipe out billions in savings ...

Expansion of the Medicare drug price negotiation rare disease drug carve-out would unnecessarily limit the number of drugs ...

The Biden administration unveiled Tuesday the names of the first 10 drugs subject to price negotiations in Medicare, including several popular blood thinners and diabetes medications. They are ...

Medicare's negotiations could affect the prices private employers and working-age adults pay for drugs, said Antonio Ciaccia, CEO of 46brooklyn Research, a nonprofit that researches drug pricing.

The pharmaceutical industry is criticizing the Trump administration’s plan for carrying out a critical round of Medicare drug ...

The negotiation, informed by confidential data from manufacturers and analysis by the Centers for Medicare and Medicaid Services, will result in a maximum fair price for each drug, which will be ...

Medicare's new authority to negotiate lower prescription drug prices represents a signature accomplishment of the Biden-Harris administration. Here's what to know as the first set of talks wraps up.

When Congress passed the Inflation Reduction Act (IRA) of 2022, for the first time Medicare was granted the authority to negotiate payments for certain high-price brand-name prescription drugs ...

In less than three months, the federal government is set to announce the initial 10 drugs subject to first-ever price negotiations in Medicare. Pharmaceutical companies and their supporters want ...

WATCH: Biden addresses health care costs and 1st drugs for Medicare price negotiations. By Tom Murphy, Amanda Seitz, Chris Megerian, Associated Press. Aug 21. Watch 7:05.