New Medicare and Medicaid services proposal tests ways to lower drug expenditures

  The current payment methodology for drugs covered under Medicare Part B, which includes costly physician-administered drugs, does not work for patients. It encourages drug companies to charge sky-high prices and creates financial incentives to overprescribe higher-priced drugs, increasing patient costs. This is why the Center for American Progress strongly supports a proposal by the Centers for Medicare and Medicaid Services, or CMS, to test new ways to pay for these medications.