Part D Proposal Aims To Promote Biosimilars, Generics To Reduce Costs

Medicare Part D proposed rule would lower cost sharing for biosimilars to the level of generics for some beneficiaries, allow immediate generic substitution for plans.

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The US Centers for Medicare and Medicaid Services is proposing formulary and cost sharing changes in Medicare Part D aimed at promoting use of biosimilars and generic drugs and lowering beneficiary and government spending.

The changes are part of a broad proposed rule scheduled to be published in the Nov. 28 Federal Register...

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