On March 14, 2019, the Centers for Medicare & Medicaid Services (CMS) updated its Drug Spending Dashboards with data for 2017. CMS’s recent version of the drug dashboards adds information on the manufacturers that are responsible for price increases across Medicare Parts B and D and Medicaid.
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On November 26, 2018, the Centers for Medicare and Medicaid Services (CMS) proposed new rules to offer lower cost drug options and support the private sector by providing tools to lower the cost of prescription drugs. The objective is to lower drug costs by the 2020 contract year.
CMS proposes to require manufacturers to disclose drug prices in television ads. They said the proposed regulation would lower prescription drug prices by requiring companies to list prices for prescription drugs covered by Medicare or Medicaid.