Medicare begins to negotiate to get you lower drug prices for 2026!

For the first time, Medicare will be able to bargain directly with manufacturers over the cost of some expensive, monopoly brand-name Part B and Part D medications. Medicare will reveal the first 10 medications chosen for negotiation this year in 2023. The agreed-upon costs for these first 10 medications will take effect in 2026.

Medicare will select and negotiate new costs for:

• 15 Part D drugs in 2025 (effective in 2027).
• 15 Part B and Part D drugs in 2026 (effective in 2028).
• 20 Part B and Part D drugs in 2027 (effective in 2029).
• 20 Part B and Part D drugs in 2028 and every year after.

Manufacturers who violate the terms of the deal will be subject to taxes and, if other manufacturer requirements aren't met, fines.

MedHelpCenter.us recommends that you call the Senior Health Insurance Agency at 813-592-8568 for further explanation.