Medicare does not typically cover ketamine infusions for mental health conditions. However, it may cover Spravato, an FDA-approved drug deriving from ketamine, for treatment-resistant depression.
Together, those 25 drugs account for a third of Medicare spending on prescriptions, Becerra said. Ozempic and Wegovy, in particular, have been scrutinized for their high out-of-pocket costs.
The ACA affects nearly every aspect of the U.S. healthcare system, including: Previously, when a person with Medicare Part D coverage reached a certain amount of out-of-pocket costs, they would ...
He linked his complaint to proposed legislation to make weight-loss drugs like Ozempic and Wegovy ... This means expanded coverage to Medicare is projected to cost the government around $35 ...
Drugmakers hope to see efforts that focus more on cracking down on pharmacy benefit managers while promoting drug innovation ...
“More than 34 million seniors and people with disabilities choose Medicare Advantage for their health coverage ... out-of-pocket costs, something traditional Medicare does not do.
More than half of this amount, or $912 billion, went to Medicare, which in June 2024 provided health coverage to around 67 million people who are age 65 or older or have disabilities. The rest of this ...
Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.