Part D Overhaul: The Silver Lining Amid Very Dark Cloud Of US Drug Pricing Bill

Senate version of a potential drug pricing overhaul in the US includes one silver lining for manufacturers: a re-design and update of the Part D drug benefit. Is there any chance of extracting that item for the very dark clouds around it?

dark congressional cloud silver lining
• Source: Nielsen Hobbs; the Pink Sheet | Shutterstock images

The Senate Democrats’ efforts to revive US Medicare drug price “negotiation” in 2022 also means reviving an idea that the pharmaceutical industry could get behind: re-designing the Part D benefit in Medicare to establish a firm cap on beneficiary out-of-pocket spending.

Indeed, the Senate version of that proposal is (from industry’s perspective) an improvement on the version that passed the House...

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