Drug Price Transparency: New Data for Citizens
This act establishes public websites to display spending on prescription drugs within Medicare and Medicaid programs. This will allow citizens, clinicians, and researchers to easily review drug prices, utilization, and spending trends, helping them make informed decisions about their health and finances.
Key points
Public websites will be created to show data on prescription drug spending and utilization in Medicare and Medicaid.
Information will include drug names, manufacturers, average spending, price changes, and the number of people using each drug.
This will help citizens understand drug costs and their impact on household budgets, as well as compare prices.
Data will be regularly updated and available in an easy-to-analyze format.
Expired
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