Business Fast > US economy > Medicare launches plan to negotiate prices for the costliest drugs. Here's what to know. US economyMedicare launches plan to negotiate prices for the costliest drugs. Here's what to know.January 11, 2023posted on Jan. 11, 2023 at 6:18 pm As part of the Inflation Reduction Act, Medicare will negotiate drug prices, limit annual price hikes and cap insulin costs paid by older Americans. READ SOURCE tweet Share on FacebookShare on TwitterShare on LinkedInShare on RedditMorebusinessfastJanuary 11, 2023previous articleElectric cars will kill off SUVs, says Citroen CEOnext articleTop network management software for small businesses – TechRepublicYou Might Also LikeUS economyTrump tracker: the latest data on US tariffs, trade and economyMay 31, 2025U.S. cancels $3.7 billion in green energy project awardsMay 30, 2025US economyTrump advisor Hassett is confident tariffs will prevail despite judges' rulingMay 29, 2025US economyElon Musk says Trump tax bill weakens Doge cost-cutting effortsMay 28, 2025Trump’s Plan to Revive US Shipbuilding Would Take Billions and Many YearsMay 27, 2025US economyEU countries push for swift trade deal with TrumpMay 26, 2025Recommended For YouSportsManchester United respond to Barcelona transfer plan for Marcus RashfordJune 1, 2025SportsSportsChampions League final – Paris Saint-Germain v Inter: liveMay 31, 2025SportsTechnologyGoogle says it will appeal online search antitrust decisionMay 31, 2025TechnologyUS economyTrump tracker: the latest data on US tariffs, trade and economyMay 31, 2025US economyMarketALEX BRUMMER: Fred Goodwin's ghost still stalks financial corridorsMay 31, 2025Market