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How Medicare Could Get Better Prices On Prescription Drugs
Health Affairs, 09/22/09
Outterson K et al. – Commonly considered reform proposals borrow ideas from Medicaid, either through returning dual eligibles to Medicaid drug pricing or by imposing mandatory rebates across the Part D population. The authors examine a menu of other options, including value–based pricing; expansion of generic and therapeutically equivalent substitution; increased formulary diversity; importation; and limited antitrust waivers. These latter options may reduce federal spending without direct government price negotiations.
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