Medicare IPI Model Could Import Benefit Of Biosimilar Competition, Azar Suggests

HHS secretary notes Medicare Part B International Pricing Index could ‘harness’ biosimilar price competition seen abroad for US market, where follow-ons have not been able to significantly impact pricing.

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The proposed Medicare Part B International Pricing Index model could help bring the price-lowering impact of biosimilar competition to the US even though follow-ons have not made significant inroads here, HHS Secretary Alex Azar suggested at a health care policy conference in Washington DC Jan. 15.

“The IPI model is not just a way to leverage the competition and negotiation done abroad, it is also a...

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