CMS Announces Part D Savings & 2026 Maximum Fair Prices for First 10 Medicare-Negotiated Drugs

 

The first round of Medicare Part D negotiated drug prices is here! Find out which prescriptions are included and the savings your clients can see beginning in CY 2026!

 

Read the text version

 

Contact the Agent Survival Guide Podcast! Email us ASGPodcast@Ritterim.com or call 1-717-562-7211 and leave a voicemail.

 

Resources:

2025 Maximum Broker Commissions for Medicare Advantage & Medicare Part D Update: https://link.chtbl.com/ASGN20240808

CMS Announces First 10 Drugs for Medicare Drug Price Negotiation: https://ritterim.com/blog/cms-announces-first-10-drugs-for-medicare-drug-price-negotiation/

CMS Announces 2025 Part D Bid & Premium Stabilization Demonstration Program: https://link.chtbl.com/ASGF20240809

Register with Ritter Insurance Marketing: https://app.ritterim.com/public/registration/

What the Inflation Reduction Act Means for Your Medicare & ACA Clients: https://ritterim.com/blog/what-the-inflation-reduction-act-means-for-your-medicare-aca-clients/

 

References:

“Fact Sheet: Biden-Harris Administration Announces New, Lower Prices for First Ten Drugs Selected for Medicare Price Negotiation to Lower Costs for Millions of Americans.” The White House, The United States Government, 15 Aug. 2024, www.whitehouse.gov/briefing-room/statements-releases/2024/08/15/fact-sheet-biden-harris-administration-announces-new-lower-prices-for-first-ten-drugs-selected-for-medicare-price-negotiation-to-lower-costs-for-millions-of-americans/.

“Fact Sheets Medicare Drug Price Negotiation Program: Negotiated Prices for Initial Price Applicability Year 2026.” CMS.Gov, Centers for Medicare & Medicaid Services, 15 Aug. 2024, www.cms.gov/newsroom/fact-sheets/medicare-drug-price-negotiation-program-negotiated-prices-initial-price-applicability-year-2026.

Seshamani, Meena. “Medicare Drug Price Negotiation Program: Draft Guidance, Implementation of Sections 1191 – 1198 of the Social Security Act for Initial Price Applicability Year 2027 and Manufacturer Effectuation of the Maximum Fair Price (MFP) in 2026 and 2027.” CMS.Gov, Centers for Medicare & Medicaid Services, 3 May 2024, www.cms.gov/files/document/medicare-drug-price-negotiation-draft-guidance-ipay-2027-and-manufacturer-effectuation-mfp-2026-2027.pdf.

 

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