CMS Unveils Sample $2 Generic Drug List for Medicare Part D Enrollees-2027

[Duaine]

But experts are skeptical the list would have much impact.​

The Centers for Medicare & Medicaid Services (CMS) on Wednesday issued a request for information on a proposed model program that would lower prices to $2 per month for certain generic drugs purchased through Medicare Part D drug plans, but experts expressed concerns about the potential uptake and usefulness of such a program.

The model is designed to provide individuals more certainty about the out-of-pocket costs for these generic Part D drugs for common conditions, such as high cholesterol and high blood pressure, CMS said in a press releaseopens in a new tab or window.

"We want generic drugs for common chronic conditions to be affordable for people on Medicare. Reliably low copayments for essential generic drugs make it more likely that seniors and people with disabilities can afford the drugs they need to stay healthy," HHS Secretary Xavier Becerra said in the release.

[EXTERNAL LINK] - CMS Unveils Sample $2 Generic Drug List for Medicare Part D Enrollees