NBC News

The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare. It's part of the federal government's first-ever drug pricing negotiations, a cost reduction it claims could help ease the financial burden on the estimated 1 in 7 older adults in the U.S. struggling to pay for their medications.

Medicare announces lower prices on 10 common, high-cost drugs

PBS NewsHour

The savings range from 79 percent for Januvia, a drug to treat diabetes, to 38 percent for Imbruvica, which is used to treat blood cancers.

Here's a list of drugs affected by Biden's latest Medicare pharmaceutical price cuts

Medicare patients could save $1.5 billion on 10 prescription drugs. The U.S. Department of Health and Human Services (HHS) announced Thursday the lowered prices of the first 10 prescription drugs that underwent Medicare negotiations. Suggested Reading. People that have Medicare prescription coverage are expected to save $1.5 billion in out-of-pocket...

Medicare negotiated lower prices for these 10 drugs. It could lead to $6 billion in savings

The negotiated prices range from 38% to 79% discounts off of list prices, according to the Department of Health and Human Services. The U.S. Department of Health and Human Services this morning released the prices for the first 10 drugs that have been negotiated for Medicare Part D. The new prices will go into effect beginning January 1, 2026. (Table below)

HHS Releases Prices for Medicare Negotiated Drugs

Georgia State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Micheal Knight

Disclaimer: This article was written with the help of A.I. software. As July comes to a close, SNAP beneficiaries in eight states should anticipate their July payments being deposited by Sunday. These funds, worth up to $1,751 for a household of eight, will be uploaded to an Electronic Benefit Transfer (EBT) card, which operates like a debit card and can be used at any supermarket or grocery store that accepts the benefits.

SNAP Benefits Worth up to $1,751: 8 States Distribute Payments This Week

The Associated Press

WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. Consumers aren’t cutting back enough to cause an economic downturn. Rather, economists say, they appear to be returning to pre-pandemic norms, when most companies felt they couldn’t raise prices very much without losing business.

Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike

Major pharmaceutical companies lashed out following a landmark deal unveiled Thursday to cut the costs of 10 key medicines, with some saying the price-setting process was not transparent. Novartis, whose heart failure treatment Entresto is among the 10 selected medicines, pushed back against the price-setting process as "not objective or transparent."

Big Pharma push back on first Medicare drug price cuts

The paid annual leave allowance for people on the Isle of Man could be increased as part of proposed reforms to employment laws. Seven consultations have been launched looking at changes to a range of aspects including rest breaks, redundancy protections for parents and carer's leave. The surveys are part...

Feedback wanted on proposed employment law reforms

Brace yourselves: A key measure of employer healthcare costs is poised for its biggest annual increase in more than a decade as more people use mental health care and get prescriptions for new, expensive drugs—yes, including Ozempic—according to a new PwC report. For CFOs concerned about employee healthcare...

Get ready for the biggest medical cost hike in 13 years

Nadine Yousif & Ana Faguy in Upper Marlboro, Maryland. President Joe Biden has said he wants to stop handing drug companies a "blank cheque", after the government announced a deal to significantly cut the cost of 10 common prescription drugs for millions of Americans. The price cuts of between 38%...

US strikes deal to cut cost of 10 drugs for Medicare users

North Carolina State

Eden, NC

Town Talks

North Carolina is the 28th largest state by area but boasts the seventh-highest number of counties in the country. If you’re searching for an affordable place to call home in North Carolina, you’re in luck. This diverse and picturesque state offers a range of options that won’t break the bank.

North Carolina City Has Been Named the Cheapest Place to Live in The State

Reuters

(Reuters) - The Biden administration selected 10 prescription medicines for unprecedented price negotiations by the Medicare health program for older Americans that covers 66 million people.

Factbox-Top Medicare drugs headed for price cuts

Mediaite

Former federal prosecutor and NBC legal analyst Glenn Kirschner said that if Donald Trump loses the 2024 election, he will “spend the rest of his miserable life in court” or in prison. During a conversation on SiriusXM’s The Dean Obeidallah Show, host Dean Obeidallah asked about how and...

Former Federal Prosecutor: If Trump Loses Election He Spends ‘Rest of His Miserable Life’ in Court or Prison

Las Vegas, NV

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

WashingtonExaminer

Vice President Kamala Harris’s new proposal to prevent “price-gouging” in the food industry is drawing criticism from some economists who say it is an election-year stunt meant to address her vulnerability on the topic of inflation — one that, if implemented, would backfire and cause shortages. In its first major economic policy rollout, the Harris […]

Harris campaign grocery price control proposal could cause shortages

At times, even after giving our best, we do not get what we deserve. We must then stand up for our rights and speak for ourselves. A group of ten workers did this when they were denied a raise and the basic amenities that they needed at the workplace. They had first made a request but it went unheard so they decided to skip work on one day and meet at a coworker's place. u/UnoriginallyGeneric shared, "So, up until Monday, I was a lead shipper and receiver and forklift operator for a regional health care company. I supervised five people in my department. Unlike many industries, we never shuttered during COVID."

Ten employees get together and quit their jobs after company refused to give them a deserved raise


				













	ResumeBuilder.com’s latest research showed that 30 percent of companies that had a recent round of layoffs replace U.S. workers with offshore ones while 24 percent of companies with recent layoffs “plan to terminate and replace U.S. employees with offshore workers in 2025,” the report’s authors said.Sixties Model Peggy Moffitt Dead at 87




	ResumeBuilder.com also found among those companies that replaced laid-off employees with offshore workers, 22 percent indicated that 1 to 10 percent of the laid-off employees were replaced. “About 29 percent reported that 11 to 25 percent were replaced, while 24 percent stated that 26 to 50 percent were,” the...

Businesses Are Replacing Laid-off U.S. Workers With Offshore Employees, Study Reveals

USA TODAY

The Biden administration said Medicare negotiated discounts with pharmaceutical companies on 10 drugs prescribed to treat cancer and heart disease.

Biden administration says Medicare negotiated price discounts on 10 prescription drugs

Entrepreneur and investor Mark Cuban wants to "f--k up" the U.S. healthcare system to make it more affordable, the billionaire told "The Daily Show" host Jon Stewart this week. While the "Shark Tank" star acknowledged opportunities to have big ambitions in politics or raise prices to make more money from...

Mark Cuban wants to keep shaking up healthcare. Here's Cost Plus Drug's next move

Raleigh, NC

Big cities are known for their hustle and bustle, drawing people in who crave excitement, variety, and entertainment. But bigger isn’t always better, or at least not for Raleigh, North Carolina.

North Carolina City Named The Most Boring Town in the State

NewsBreak

Medicare Enrollees Will See Significant Price Reductions For 10 Drugs

Medicare enrollees will save money on 10 drugs in 2026 as a result of negotiations initiated by the Inflation Reduction Act (IRA). Large pharmaceutical firms have...

Medicare Enrollees Will See Significant Price Reductions For 10 Drugs

Comments / 0