New CMS Model Aims to Cut Prescription Costs and Expand Access in Medicaid
The Centers for Medicare & Medicaid Services (CMS) has introduced a new initiative aimed at lowering prescription drug costs and improving access to critical medications for Medicaid beneficiaries. The GENErating cost Reductions fOr U.S. Medicaid (GENEROUS) Model, set to launch in 2026, will allow participating states to purchase certain drugs at internationally competitive prices to reduce spending and promote affordability. The model encourages state Medicaid programs and drug manufacturers to collaborate on transparent, uniform pricing…
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