The lower prices stem from the Medicare negotiation program created under the Biden administration's Inflation Reduction Act.

The Centers for Medicare & Medicaid Services extended a safety net to older Americans by announcing significant price ...

The IRA requires health plans serving the Part D market to cover all negotiated drugs, and it has been predicted that CMS ...

The Centers for Medicare & Medicaid Services (CMS) said newly negotiated lower prices for 15 drugs will save 44%, or $12 billion, from last year’s negotiated Medicare spending. The drugs, widely used ...

The list of drugs seeing a price cut for Medicare recipients is increasing — some cancer meds are set to drop by thousands.

For retirees who rely on prescription drugs, experts say it's a good time to evaluate the cost of those treatments for next year.

Negotiations are expected to continue in future cycles as part of President Donald Trump's "aggressive push for lower prices." ...

NEW YORK (AP) — Pharmaceutical companies have agreed to slash the Medicare prices for 15 prescription drugs after months of negotiations, reductions that are expected to produce billions in savings ...

The agency is able to negotiate some drug prices for Medicare recipients because of a bill signed by former President Joe Biden back in 2022: the Inflation Reduction Act, which allowed the CMS to ...

The Centers for Medicare & Medicaid Services announced Nov. 25 that Medicare recipients will pay less for 15 prescription ...

The Trump administration tapped a Biden-era rule to negotiate lower prices on 15 widely used medications for seniors.

The Centers for Medicare and Medicaid Services announced that prices for 15 prescription drugs, including Ozempic, would be lowered under Medicare. NBC News' Marquise Francis reports on the ...