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The Kaiser Family Foundation (KFF) identifies the Part D medicine on which Medicare spends essentially the most cash. This is a crucial query since CMS will start drug worth negotiation underneath the Inflation Reduction Act (IRA) primarily based on the highest 10 prime spending Part D medicine. Some related statistics and figures are beneath.
In 2021, Medicare Part D lined greater than 3,500 prescription drug merchandise, with complete gross spending of $216 billion, not accounting for rebates paid by drug producers to pharmacy profit managers (PBMs). The 10 top-selling Part D medicine accounted for 0.3% of lined medicine and 22% of complete gross Medicare drug spending in 2021…The prime 100 medicine, representing simply 3% of lined medicine, accounted for 61% of complete gross spending that yr
