The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans.

President Joe Biden’s Inflation Reduction Act, which passed in a party-line vote last year, gave Medicare the power to directly hash out drug prices with manufacturers for the first time in the federal program’s nearly 60-year history. The agreed-upon prices for the first round of drugs are scheduled to go into effect in 2026.

  • kent_eh@lemmy.ca
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    1 year ago

    It’s always whatever it takes to help the old

    3 of them are diabetes medicine. That is not exclusively an “old person’s disease”

    4 others are for heart disease. Again, not exclusively a geriatric issue.

    Given the obesity issues that America has in abundance, I would suggest these drugs are well chosen to help a signifigant portion of the population.