Some of America’s seniors will see their out of pocket costs fall for more than five dozen drugs — including treatments for osteoporosis and cancer — as part of the White House’s crackdown on rising pharmaceutical prices.
The savings will apply to 64 drugs administered in doctor’s offices and hospitals — between the start of July and the end of September. Seniors and those with disabilities who’ve met their annual deductible will see a lower coinsurance rate on these prescriptions. The new drugs were selected because their prices increased beyond the rate of inflation.
