By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/health/heres-a-list-of-drugs-affected-by-bidens-latest-medicare-price-cuts Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Here’s a list of drugs affected by Biden’s latest Medicare pharmaceutical price cuts Health Updated on Aug 15, 2024 12:11 PM EDT — Published on Aug 15, 2024 11:57 AM EDT The Biden administration says Medicare recipients will save about $1.5 billion on out-of-pocket costs for medications to treat diabetes, heart disease, types of arthritis and other ailments under new prices negotiated with drug companies that will take effect in 2026. WATCH: Biden and Harris announce deal to cut Medicare prices of popular drugs The savings range from 79 percent for Januvia, used to manage diabetes, to 38 percent for Imbruvica, which is used to treat blood cancers. That is the medication’s cost before any discounts or rebates are applied, but not what the price people actually pay when filling their prescriptions. A look at the drugs and the negotiated prices. Januvia Manufacturer: Merck Sharp Dohme Conditions: Diabetes Negotiated price: $113 for a 30-day supply Reduction: 79 percent Fiasp; Fiasp FlexTouch; Fiasp PenFill; NovoLog; NovoLog FlexPen; NovoLog PenFill: Manufacturer: Novo Norodisk Conditions: Diabetes Negotiated price: $119 for a 30- day supply Reduction: 76 percent Farxiga Manufacturer: AstraZeneca AB. Conditions: Diabetes, heart failure and chronic kidney disease Negotiated price: $178.50 for a 30-day supply Reduction: 68 percent Enbrel Manufacturer: Immunex Corp. Conditions: Rheumatoid arthritis, psoriasis and psoriatic arthritis Negotiated price: $2,355 for a 30-day supply Reduction: 67 percent Jardiance Manufacturer: Boehringer Ingelheim Conditions: Diabetes, heart failure and chronic kidney disease Negotiated price: $197 for a 30-day supply Reduction: 66 percent Stelara Manufacturer: Janssen Biotech Inc. Conditions: Psoriasis, psoriatic arthritis, Crohn’s disease, ulcerative colitis Negotiated price: $4,695 for a 30-day supply Reduction: 66 percent Xarelto Manufacturer: Janssen Pharms Conditions: Prevention and treatment of blood clots. Reduction of risk for patients with coronary or peripheral artery disease Negotiated price: $197 for a 30-day supply Reduction: 62 percent Eliquis Manufacturer: Bristol Myers Squibb Conditions: Prevention and treatment of blood clots Negotiated price: $231 for a 30-day supply Reduction: 56 percent Entresto Manufacturer: Novartis Pharms Corp Conditions: Heart failure Negotiated price: $295 for a 30-day supply Reduction: 53 percent Imbruvica Manufacturer: Pharmacyclics LLC Conditions: Blood cancers Negotiated price: $9,319 for a 30-day supply Savings: 38 percent We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Associated Press Associated Press
The Biden administration says Medicare recipients will save about $1.5 billion on out-of-pocket costs for medications to treat diabetes, heart disease, types of arthritis and other ailments under new prices negotiated with drug companies that will take effect in 2026. WATCH: Biden and Harris announce deal to cut Medicare prices of popular drugs The savings range from 79 percent for Januvia, used to manage diabetes, to 38 percent for Imbruvica, which is used to treat blood cancers. That is the medication’s cost before any discounts or rebates are applied, but not what the price people actually pay when filling their prescriptions. A look at the drugs and the negotiated prices. Januvia Manufacturer: Merck Sharp Dohme Conditions: Diabetes Negotiated price: $113 for a 30-day supply Reduction: 79 percent Fiasp; Fiasp FlexTouch; Fiasp PenFill; NovoLog; NovoLog FlexPen; NovoLog PenFill: Manufacturer: Novo Norodisk Conditions: Diabetes Negotiated price: $119 for a 30- day supply Reduction: 76 percent Farxiga Manufacturer: AstraZeneca AB. Conditions: Diabetes, heart failure and chronic kidney disease Negotiated price: $178.50 for a 30-day supply Reduction: 68 percent Enbrel Manufacturer: Immunex Corp. Conditions: Rheumatoid arthritis, psoriasis and psoriatic arthritis Negotiated price: $2,355 for a 30-day supply Reduction: 67 percent Jardiance Manufacturer: Boehringer Ingelheim Conditions: Diabetes, heart failure and chronic kidney disease Negotiated price: $197 for a 30-day supply Reduction: 66 percent Stelara Manufacturer: Janssen Biotech Inc. Conditions: Psoriasis, psoriatic arthritis, Crohn’s disease, ulcerative colitis Negotiated price: $4,695 for a 30-day supply Reduction: 66 percent Xarelto Manufacturer: Janssen Pharms Conditions: Prevention and treatment of blood clots. Reduction of risk for patients with coronary or peripheral artery disease Negotiated price: $197 for a 30-day supply Reduction: 62 percent Eliquis Manufacturer: Bristol Myers Squibb Conditions: Prevention and treatment of blood clots Negotiated price: $231 for a 30-day supply Reduction: 56 percent Entresto Manufacturer: Novartis Pharms Corp Conditions: Heart failure Negotiated price: $295 for a 30-day supply Reduction: 53 percent Imbruvica Manufacturer: Pharmacyclics LLC Conditions: Blood cancers Negotiated price: $9,319 for a 30-day supply Savings: 38 percent We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now