The Centers for Medicare & Medicaid Services released details of its proposal to address the expensive costs of Medicare Part B.

Medicare enrollees will save more than 50% on out-of-pocket costs for 10 common prescription drugs under their insurance plans, AARP said.

Americans enrolled in Medicare will pay about 50% less out of pocket in 2026 for some drugs including Pfizer and Bristol Myers Squibb's blood thinner Eliquis and Merck & Co's diabetes drug Januvia, a study in the five most populous U.

The experiments would cut the prices of some drugs to bring them in line with what other countries pay, saving Medicare billions.

Senior Tennessee residents using TennCare could see lower drug prices starting on Jan. 1. but prices could increase elsewhere due to ACA cuts.

​In an announcement on November 25, 2025, the Centers for Medicare & Medicaid Services (CMS) revealed the new Maximum Fair Prices for 15 prescription drugs will reduce Medicare spending by 44% (about $12 billion) when they take effect on January 1, 2027 (1).​

Out-of-pocket costs for the first 10 Medicare-negotiated prescription drugs will fall by more than 50% on average starting Jan. 1, 2026 Nearly 9 mi

Medicare enrollees could save roughly half of what they usually pay for certain drugs next year, according to a study from the AARP. The study, published Thursday, found that the out-of-pocket

The Centers for Medicare & Medicaid Services (CMS) is proposing a groundbreaking drug payment model to address the increasingly expensive cost of drugs in Medicare Part B while preserving or enhancing Medicare beneficiaries’ quality of care.

CMS proposes GUARD and GLOBE models to benchmark Medicare drug prices to international levels, aiming to cut costs and reduce out-of-pocket spending.

Several pharmaceutical companies that struck drug pricing deals with the White House said they're exempt from the Medicare demonstrations.