HHS launches Medicare prescription site

The Health and Human Services Department today launched its new discount prescription site to let Medicare recipients sign up for discount cards and compare drug prices.

The www.Medicare.gov site for the first time lists industry drug prices, HHS secretary Tommy Thompson said today.

“If you tell us your ZIP code and your medicines, we will sort through information on about 60,000 drug products and nearly 50,000 pharmacies to find the best prices for your needs,” said Dr. Mark McClellan, administrator of HHS’ Centers for Medicare and Medicaid Services.

The HHS agency has approved 40 national cards and 33 regional cards for Medicare beneficiaries (Click for GCN story).

The new cards will offer discounts of up to 25 percent. Low-income beneficiaries may also receive credits of up to $600 this year and next toward their prescription expenses.

Private organizations are offering the government-approved cards. Competition between card sponsors is expected to drive down drug prices, Thompson said.

“Industry is competing online for the business of millions of Medicare beneficiaries, and those beneficiaries have now pooled their purchasing power to demand the best price,” Thompson said.

About the Author

Connect with the GCN staff on Twitter @GCNtech.

Featured

  • Defense
    Ryan D. McCarthy being sworn in as Army Secretary Oct. 10, 2019. (Photo credit: Sgt. Dana Clarke/U.S. Army)

    Army wants to spend nearly $1B on cloud, data by 2025

    Army Secretary Ryan McCarthy said lack of funding or a potential delay in the JEDI cloud bid "strikes to the heart of our concern."

  • Congress
    Rep. Jim Langevin (D-R.I.) at the Hack the Capitol conference Sept. 20, 2018

    Jim Langevin's view from the Hill

    As chairman of of the Intelligence and Emerging Threats and Capabilities subcommittee of the House Armed Services Committe and a member of the House Homeland Security Committee, Rhode Island Democrat Jim Langevin is one of the most influential voices on cybersecurity in Congress.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.