• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

    May 9, 2025

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Health»These 10 Medications Targeted For Lower Costs By White House
Health

These 10 Medications Targeted For Lower Costs By White House

August 30, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
These 10 Medications Targeted For Lower Costs By White House
Share
Facebook Twitter LinkedIn Pinterest Email

Topline

A push by the Biden administration to lower government spending on prescription medications kicked off Tuesday with the announcement of the 10 drugs taken by millions of older Americans that will be subject to Medicare price negotiations.

A box of Bristol-Myers Squibb Co. Eliquis tablets are arranged for a photograph at a pharmacy in … [+] Princeton, Illinois, U.S., on Monday, Jan. 7, 2019.

© 2019 Bloomberg Finance LP

Key Facts

The medications chosen for price negotiations cost senior citizens $3.4 billion in out-of-pocket costs last year, the Biden administration reported, and were chosen for the program because they account for the highest Medicare spending and no alternate drugs are covered or available.

The 10 medications announced Tuesday are the first in a four-year program that will negotiate prices for up to 60 drugs covered under Medicare Part D and Part B.

The 10 drugs are: Stroke and blood clot medications Eliquis and Xarelto, diabetes drugs Jardiance, Januvia, Fiasp and NovoLog, chronic kidney disease Farxiga, Entresto for heart failure, autoimmune and arthritis medicine Enbrel, Imbruvica for treating blood cancers and Crohn’s disease drug Stelara.

Negotiated prices will go into effect in 2026.

Key Background

Last year’s Inflation Reduction Act gave Medicare the authority to haggle the price of some prescription drugs to cut government spending to the tune of $237 billion over 10 years, the Congressional Budget Office estimates. It also set a $2,000 cap on annual out-of-pocket prescription drug costs for Medicare recipients starting in 2025. The bill—which also included the creation of a corporate minimum tax rate, invested $80 billion in the IRS and extended Affordable Care Act subsidies—was passed by the House by a vote of 220–207 last August—all Democrats were in favor and all Republicans voted against it. A West Health-Gallup poll released Monday shows 83% of Americans are in favor of the negotiations despite their political party.

Big Number

112,000. That’s how many premature deaths per year are expected to be caused by not taking prescribed drugs because of costs, a 2020 study showed. Millions more are expected to see their health worsen because they can’t afford their medications, costing Medicare an additional $18 billion per year for the next 10 years, the nonprofit West Health Policy Center predicted.

Walgreens pharmacy.

Universal Images Group via Getty Images

The Medications Selected For Price Negotiations

Eliquis—Used to treat and prevent blood clots, the Pfizer and Bristol-Myers Squibb drug Eliquis was the 48th most-prescribed medication in the United States in 2020. The generic version of the medication, apixaban, is not available in the U.S. after Bristol Myers Squibb and Pfizer had their patent claims upheld by a court, protecting their exclusivity until 2028. The two companies filed another lawsuit to block copies of Eliquis in federal court in Delaware in April. The list price for a 30-day supply is $561.

Xarelto—A generic version of Xarelto, called rivaroxaban, is expected to be available in the United States in 2024. Johnson & Johnson’s Xarelto has been on the market since 2011 and is used to treat deep vein thrombosis and to prevent blood clots following hip or knee surgery, among other uses. The average retail price is $598.

Jardiance—Type 2 Diabetics use Jardiance, made by Boehringer Ingelheim and Eli Lilly, to improve glucose control. It was approved for U.S. use in 2014 and, in 2020, was prescribed to 6 million Americans. Jardiance last year was also approved by the U.S. Food and Drug Administration to reduce risk of cardiovascular death and hospitalization last year. The FDA has approved several generic versions of Jardiance but they’re not expected to be available in the U.S. until 2025. Prices for Jardiance start at $578.

Januvia— Nearly 10 million Type 2 diabetics were prescribed Januvia—the brand name of sitagliptin—in 2020 to improve blood sugar control. The JAMP Pharma Group earlier this year was authorized to market a generic version of the Merck & Co. medication, which can cost $586 for a month’s supply.

Fiasp and NovoLog— Novo Nordisk makes both Fiasp and NovoLog, insulin products for both Type 1 and Type 2 diabetes. Prices start at $550 for Fiasp and $314 for NovoLog. More than more than 9 million people were prescribed insulin aspart in 2020, which is available as a generic medication.

Farxiga—Farxiga is used to improve blood sugar control for Type 2 diabetics as well treat heart failure and chronic kidney disease. The generic, dapagliflozin, is available in the U.S. and more than 2.2 million were prescribed either the generic or the brand name AstraZeneca medication in 2020. Prices for Farxiga start at $551.

Entresto—The Novartis drug Entresto is not available in a generic version and is taken by more than 2 million Americans to treat certain types of heart failure. Enestro contains two different drugs, sacubitril and valsartan, and costs, on average, $893.

Enbrel—The FDA approved Amgen’s Enbrel in 2014 to treat patients with plaque psoriasis, a chronic immune disorder. There is no generic version of the drug—etanercept—available on the market and Enbrel can cost as much as $6,897 for a supply of 4 milliliters.

Imbruvica—Patients with blood cancers like mantle cell lymphoma and chronic lymphocytic leukemia are prescribed Johnson & Johnson’s Imbruvica—the brand name of Ibrutinib—to inhibit B-cell proliferation. Imbruvica, which is usually taken by patients daily, costs as much as $484 per pill.

Stelara—Stelara, a Johnson & Johnson medication, has been approved to treat Crohn’s disease, plaque psoriasis and psoriatic arthritis. It is administered through infusion or injection and can cost $13,971 for a supply of 0.5 milliliters. There are no generic alternatives.

Further Reading

The Inflation Reduction Act Is Now Law—Here’s What It Means For You (Forbes)

How The Inflation Reduction Act Could Affect The Biopharma Industry (Forbes)

Major Insurer Blue Shield Of California Drops CVS For Amazon, Cuban’s Cost Plus Drugs In Cost-Cutting Move (Forbes)

Prescriptions For Produce? Patient Health Improves When Programs Pay For Fruits And Veggies, New Study Says (Forbes)

See also  Jennifer Hudson Talk Show Staffers 'Walking on Eggshells' as Singer Cleans House: Sources
costs House Medications Targeted White
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Big Pharma Tax Loophole Costs Americans Over $1 Billion Per Year, According To Recent Study

March 19, 2025

Goldman Sachs Scrapping Policy That Said Company Wouldn’t Take Businesses Public That Had All White, Male Boards

February 11, 2025

With Trump Back in the White House, the Age of Free Trade Could Be Coming to an End

January 22, 2025

China in Pakistan’s Power Sector: The Hidden Costs Behind Pakistan’s Energy Overcapacity

January 21, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

FRC, SNAP, AMZN, INTC and more

April 29, 2023

Disney Escalates War on Florida, Sues Ron DeSantis Claiming ‘Targeted Campaign of Government Retaliation’

April 30, 2023

108 Haters Quotes to Help You Deal with Negativity and Keep Moving Towards Your Dreams

February 14, 2023

The Importance Of Setting Boundaries For Mental Health And Developing Healthy Mindsets

July 22, 2024
Don't Miss

How Smart Mattresses Improve Sleep Quality For Couples

Lifestyle May 9, 2025

Sharing a bed with your partner can be romantic… until it’s not. One of you…

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,111)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,628)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

IRS Whistleblower Reveals How DOJ Gave Sweetheart Deal To Hunter Biden, Who Received $8.3 Million From China, Ukraine and Romania Between 2014 – 2019 (VIDEO) | The Gateway Pundit | by Cristina Laila

June 29, 2023

Practical Pointers For Caring With Someone With A Disability

June 13, 2023

Study finds combustion from gas stoves can raise indoor levels of chemical linked to blood cell cancers

June 19, 2023
Popular Posts

How Smart Mattresses Improve Sleep Quality For Couples

May 9, 2025

OpenAI CEO Warns: ‘Not A Huge Amount Of Time’ Until China Overpowers American AI

May 9, 2025

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.