Part D Premiums ‘Won’t Go Up’ With HHS Rebate Proposal, Azar Maintains
US HHS secretary tells Senate Finance Committee he believes pharmacy benefit managers will effectively keep drug costs down in Medicare Part D, even without rebates.
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Release of the White House budget proposal kicked off the first round of hearings on HHS with a new Democratic majority in the House and a new HHS budget czar in the Senate. HHS Secretary Azar did his best to set a constructive tone for advancing drug pricing policies – and maintaining his own position – in the year to come.
Legislation by Sen. Mike Braun, R-Ind., would apply to the private insurance market changes proposed by the HHS Office of Inspector General for Medicare and Medicaid managed care plans.