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Centers for Medicare & Medicaid ServicesAnnouncement: Inflation Reduction Act and Medicare.

February 26, 2025

*New! Infographic on Drug Selection for Medicare Drug Price Negotiation Program*

Today CMS released a new infographic [ https://www.cms.gov/files/document/medicare-drug-price-negotiation-selection-process.pdf ] depicting the process used to select drugs for initial price applicability year 2027 of the Medicare Drug Price Negotiation Program. This infographic describes how each step of drug selection applies to a hypothetical biological product to assist with understanding of the process.

Additional information on the drug selection process for initial price applicability year 2027 can be found in the Medicare Drug Price Negotiation Program: Final Guidance, Implementation of Sections 1191 – 1198 of the Social Security Act for Initial Price Applicability Year 2027 and Manufacturer Effectuation of the Maximum Fair Price in 2026 and 2027 [ https://www.cms.gov/files/document/medicare-drug-price-negotiation-final-guidance-ipay-2027-and-manufacturer-effectuation-mfp-2026-2027.pdf ].

 

Blue abstract shape.


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