IRA's price negotiation provision would've saved Medicare $26.5B from 2018 to 2020, JAMA study says
New research shows Medicare could have saved 5% between 2018-2020, if the Inflation Reduction Act had been passed in 2018 and Medicare started using the law’s price negotiation authority.
The study published Friday in JAMA Health Forum — from Harvard’s Aaron Kesselheim and Ben Rome, along with Sarosh Nagar, Alexander Egilman, William Feldman and Junyi Wang — looked to evaluate how CMS’ new negotiation authority would be implemented.
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