From November 2023 to October 2024, about 5.3 million people with Medicare Part D coverage used the selected drugs, which accounted for about $41 billion, or 14%, of covered prescription drug ...

States lost $2.3 billion in Medicaid drug rebates in 2024 due to the expanded 340B program, with Pennsylvania, Illinois, and Massachusetts hit hardest.

In 2023, CMS estimates Americans with Medicare Part D prescription drug coverage spent $3.9 billion out-of-pocket for the 10 drugs. SOURCES Centers for Medicare & Medicaid Services.

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 ...