CMSRELEASESINITIAL GUIDANCEFORMEDICAREDRUGPRICENEGOTIATION

- The negotiated maximum fair prices for these drugs will be published by Sept em ber 1, 2024, and prices will go into effect January 1, 2026.Going forward, CMSwill select for negotiation up to 15 more Part D drugs for 2027, up to 15 more Part B or Part D drugs for 2028, and up to 20 more Part B or Part D drugs for each year after that, as outlined in the Inflation Reduction Act

Medicare Drug Price Negotiation Program Timeline (cms.gov)

CMShas also published a Fact Sheet regarding Medicare Drug Price Negotiation Program Initial Guidance:

Additionally, CMShas released an MLN Connects article pertaining to this initial guidance: https://www.cms.gov/outreach-and-education/outreach/ffsprovpartprog/ provider-partnership-email-archive/2023-03-15-oce