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Karris Jeon on Muck Rack

Karris Jeon

As seen in: Value in Health Journal
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Articles

P58 PROJECTED MEDICARE DRUG PRICE NEGOTIATION SAVINGS IN 2027

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By Ryan N Hansen, Nico Gabriel, Kristi Martin, Sean Sullivan, Karris Jeon
| Value in Health Journal Verified
The Medicare Drug Price Negotiation Program (MDPNP) was introduced to reduce Medicare drug spending. In the first and second rounds, MDPNP negotiated prices for 10 and 15 high-cost, single-source Part D drugs, with negotiated prices taking effect in 2026 and 2027. Using historical spending data, CMS estimated savings of $6 and $12 billion for the first-round and second-round of negotiation, respectively. This study projects actual 2027 Medicare drug spending for the selected drugs.
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