As 2025 drew to a close, the Centers for Medicare & Medicaid Services (“CMS”) issued proposed rules for two mandatory pricing models aiming to reduce out-of-pocket costs for Medicare drugs. The ...

In December, the Centers for Medicare & Medicaid Services (CMS) proposed two new drug pricing models designed to address sustained growth in prescription drug spending across Medicare, driven in part ...

CMS’s proposed GLOBE and GUARD models represent an evolution in the Trump Administration’s approach to international reference pricing. However, their operational differences underscore the ...

Federal health officials are proposing two mandatory payment models aimed at narrowing the gap between U.S. prescription drug prices and those paid in other developed countries, as Medicare spending ...

CMS has proposed two new models aimed at curbing Medicare drug spending by linking payments to international benchmarks. The proposals — GUARD for Part D drugs and GLOBE for Part B — are the latest in ...