How hundreds of Mainers may benefit from Medicare’s drug worth negotiations

Greater than 40,000 Mainers might profit from the federal authorities’s first-ever negotiations with drug firms on the costs of quite a few Medicare medicine.

President Joe Biden’s administration introduced Tuesday the ten medicine that can be part of worth negotiations between Medicare, the federal government’s medical insurance program for People over 65 years outdated, and drugmakers. The medicine deal with widespread circumstances corresponding to diabetes, arthritis, blood clots and coronary heart failure.

The negotiations on Half D medicine have been licensed by the Inflation Discount Act, a wide-ranging piece of laws that Congress narrowly handed alongside occasion strains final August.