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These drugs represent the top 10 “qualifying single source” drugs with the highest expenditures under the Medicare Part D program. “Qualifying drugs” include small molecule drug products that were approved by the FDA more than seven years ago with ...

CMS released a preliminary list of 101 generic drugs for its Medicare $2 Drug List Model, which aims to cap out-of-pocket costs at $2 per month for select medications. The initial list includes common prescriptions, like metformin and penicillin.

The Medicare drug list, also called a formulary, lists the prescription drugs and vaccines that Medicare covers. Medicare provides this coverage through Medicare Part D or Medicare Advantage (also called Part C) plans. In this article, we explain how the ...