Drug Costs

New Medicare Trustees Report Continues to Show Greater Effectiveness of Medicaid Drug Rebate Program Compared to Medicare Part D

As I’ve previously written, the Medicaid drug rebate program is very effective.  It requires drug manufacturers to provide sizable rebates that significantly lower federal and state Medicaid prescription drug costs while ensuring access to needed medications for tens of millions of low-income beneficiaries. Last week, the Medicare Trustees issued their latest annual report on the […]

How Medicaid and CHIP Shield Children from the Rising Costs of Prescription Drugs

Nearly a quarter of U.S. children use at least one prescription drug a month, most commonly treating such conditions as asthma, attention deficit hyperactivity disorder, and infections. Medicaid guarantees that enrolled children who need drugs receive them without any financial barriers, while some in the Children’s Health Insurance Program have a modest copayment. This report, the third in a […]