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Monday, July 15, 2024

On which medicine does Medicare spend essentially the most? – Healthcare Economist






The Kaiser Household Basis (KFF) identifies the Half D medicine on which Medicare spends essentially the most cash. This is a crucial query since CMS will start drug value negotiation underneath the Inflation Discount Act (IRA) based mostly on the highest 10 high spending Half D medicine. Some related statistics and figures are beneath.

In 2021, Medicare Half D lined greater than 3,500 prescription drug merchandise, with whole gross spending of $216 billion, not accounting for rebates paid by drug producers to pharmacy profit managers (PBMs). The ten top-selling Half D medicine accounted for 0.3% of lined medicine and 22% of whole gross Medicare drug spending in 2021…The highest 100 medicine, representing simply 3% of lined medicine, accounted for 61% of whole gross spending that yr



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