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Drug companies to pay rebates for prices that go higher than inflation

Drug companies that raise prescription drug prices faster than the rate of inflation will pay rebates to the federal government or face fines. The Centers for Medicare and Medicaid Services on Thursday released the initial guidance on the Medicare Prescription Drug Inflation Rebate Program. Drug companies will be required to pay rebates to the Medicare Trust Fund for raising ....

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Drug prices, affordability, VA mental health in Biden's fiery State of the Union address

In a fiery State of the Union speech punctuated by heckling from some Republicans, president Joe Biden last night outlined what he plans to do to "finish the job" his administration started. Biden, 80, has yet to announce whether he'll seek reelection in 2024. Biden touted the strides his administration has made in healthcare, such as capping out-of-pocket insulin costs at $35 ....

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