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Medicare to Introduce $2 Generic Drug List for Seniors

The U.S. government unveils a preliminary list of affordable generic drugs for Medicare recipients, aiming for a 2027 rollout.

  • The Centers for Medicare & Medicaid Services (CMS) plans to offer 101 generic drugs for no more than $2 to Medicare beneficiaries.
  • The initiative, part of a pilot program, seeks to improve access to essential medications for seniors and those with disabilities.
  • The list includes common drugs for chronic conditions like high cholesterol, high blood pressure, and diabetes.
  • Feedback from the public is being solicited to refine the list before the program's anticipated launch in January 2027.
  • Approximately 95% of Medicare beneficiaries have previously filled prescriptions for drugs included on the proposed list.
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