Medicare Part D premiums will increase by 13 percent in 2016, with beneficiaries expected to pay, on average, more than $41 a month for prescription drug coverage. These rising costs—coupled with an increasing number of pricey drugs being placed on specialty tiers within formularies, where out-of-pocket expenses are highest—have spurred discussion around whether laws should be changed to allow the government to negotiate drug prices in Medicare Part D.
In a new Health Affairs blog, experts from The Pew Charitable Trusts examine this policy proposal, urging that policymakers must first consider three questions:
Read the Health Affairs blog.