DENVER — Colorado became the first state in the country Friday to set a maximum price that insurers and patients can pay for a prescription medication — a move that’s likely to face lawsuits. The ...
The pharmaceutical company Amgen is suing the Colorado Prescription Drug Affordability Board after the price of one of its ...
On Feb. 23, Colorado secured a national first by agreeing to establish a price ceiling on a medication, The Denver Post reported. The state’s Prescription Drug Affordability Board voted in favor of ...
The new lawsuit argues that the board’s action conflicted with federal patent laws by not allowing the company to charge as much as it wants.
The IRA directs HHS to identify annually a limited number of costly medications and set their MFPs for Medicare. Although termed a negotiation, the IRA effectively empowers the secretary to ...
With more discouraging inflation news and cost increases stretching household budgets, a growing chorus chanting “do something” will undoubtedly increase in volume. Yet, doing something about the ...
The Inflation Reduction Act (IRA) of 2022 established the ability for the Centers for Medicare and Medicaid Services (CMS) for the first time to negotiate prices for pharmaceutical products. Only a ...
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