The Biden administration unveiled three drug payment programs Tuesday aimed at helping reduce patients' out-of-pocket costs.
, which runs experiments on new ways to deliver and pay for health care, to study how it can use its authority to lower drug costs.enacted by Congress last year. But they don't require lawmakers' blessing.by the FDA on an expedited basis, before there was real-world evidence it worked.One would encourage Medicare prescription drug plans to offer a standardized set of about 150 generic drugs to patients for a maximum copayment of $2 per month.
The report specifically mentions gene therapies for sickle cell disease, two of which could hit the market this year with multi-million dollar price tags and would likely present significant affordability challenges for state Medicaid programs.would try to incentivize manufacturers to complete timely clinical trials to confirm accelerated-approval drugs work by adjusting how much Medicare pays for the products.
The center is working with the FDA to figure out program details, Fowler said. Officials will start exploring the accelerated approval incentive program this year and move forward "if determined appropriate," a report on the programs said.The payment programs, if enacted, would become some of the Biden administration's most notable drug pricing policies made without Congress.
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