_federal-judge-upholds-biden-administration39s-medicare-drug-price-negotiation-program.jpg "Federal Judge Upholds Biden Administration's Medicare Drug-Price Negotiation Program from medicare part abcdefghijklmn Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 290K times
✓ Published: 01-May-2024
👁 View: 290K times
✓ Published: 01-May-2024
Description:
A federal judge rejected lawsuits from Johnson & Johnson and Bristol Myers Squibb, ruling that the Biden administration's Medicare drug-price negotiation program is constitutional. Drugmakers argued that price negotiations for their drugs by the government violated their freedom of speech and served as an unconstitutional condition for participating in Medicaid and Medicare programs. However, a New Jersey federal judge ruled that participation is voluntary and does not require drugmakers to set aside or transmit drugs at a new price, concluding that reduced profitability does not equate to a physical taking or direct appropriation of their medications.
A federal judge rejected lawsuits from Johnson & Johnson and Bristol Myers Squibb, ruling that the Biden administration's Medicare drug-price negotiation program is constitutional. Drugmakers argued that price negotiations for their drugs by the government violated their freedom of speech and served as an unconstitutional condition for participating in Medicaid and Medicare programs. However, a New Jersey federal judge ruled that participation is voluntary and does not require drugmakers to set aside or transmit drugs at a new price, concluding that reduced profitability does not equate to a physical taking or direct appropriation of their medications.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_medicare-may-cover-wegovy-for-heart-health.webp "ACCORDING TO A RECENT ANALYSIS BY HEALTH POLICY RESEARCH FIRM KFF, MORE THAN 3 MILLION MEDICARE BENEFICIARIES COULD NOW BE ELIGIBLE TO RECEIVE COVERAGE FOR WEGOVY, A POPULAR WEIGHT LOSS DRUG THAT HAS RECENTLY BEEN APPROVED IN THE U-S FOR HEART HEALTH.HOWEVER, SOME BENEFICIARIES MAY STILL FACE OUT OF POCKET COSTS FOR THIS EXPENSIVE DRUG, AND SOME MEDICARE PRESCRIPTION DRUG PLANS MAY NOT COVER IT UNTIL 2025. ADDITIONALLY, AS MORE PART D PLANS BEGIN TO COVER WEGOVY, IT'S ALSO WORTH NOTING MEDICARE'S BUDGET MAY ALSO BE AFFECTED.")
_medicare-part-a-b-c-d-explained-and-made-simple.webp "Medicare Specialist - Abt Insurance Agency")
_medicare-parts-a-b-c-and-d-explained.webp "AARP Answers")
_medicare-parts-explained-fast.webp "Boomer Benefits - Medicare Expert")
_original-medicare-part-a-and-medicare-part-b-explained.webp "Medicare on Video - HealthPlan65")
_sanders-launches-senate-investigation-into-sky-high-ozempic-and-wegovy-drug-prices.webp "Senator Bernie Sanders launched a Senate investigation into the \")
_understanding-medicare-parts-a-b-c-amp-d.webp "iHealthBrokers")
_medicare-may-cover-wegovy-for-heart-health.jpg)
_medicare-part-a-b-c-d-explained-and-made-simple.jpg)
_medicare-parts-a-b-c-and-d-explained.jpg)
_medicare-parts-explained-fast.jpg)
_original-medicare-part-a-and-medicare-part-b-explained.jpg)
_sanders-launches-senate-investigation-into-sky-high-ozempic-and-wegovy-drug-prices.jpg)
_understanding-medicare-parts-a-b-c-amp-d.jpg)
![[+]](/images/menu.gif){kind=small}