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Timetable For Medicare Price Negotiation Of The First 10 Drugs (And Beyond)

Executive Summary

Manufacturers will face the beginning of a second round of price negotiation on Feb. 1, 2025, almost a year before prices from the first round go into effect. Dates for negotiating prices that are implemented in 2027 and in later years will follow a different schedule because the IRA built more time into the process for the first year.

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