U.S. health department proposes Medicare, Medicaid pilot programs to cut drug costs

U.S. proposes Medicare, Medicaid programs to cut drug costs, including $2 generics The U.S. health department proposed on Tuesday three new pilot projects aimed at lowering prescription drug prices for people enrolled in government health insurance plans, including offering some essential generic drugs for $2 a month. Ahmed Aboulenein Reuters

...

The proposed models would lower the out-of-pocket cost of commonly used generic drugs for chronic conditions, such as hypertension, to $2 a month for people on Medicare, improve access to expensive lifesaving cell and genetic treatments for those on Medicaid, and get CMS better deals for expensive new therapies that lack complete clinical trial data, CMS said.

...