{"id":30492,"date":"2026-03-02T16:00:58","date_gmt":"2026-03-02T21:00:58","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/federal-agency-gives-drug-companies-more-time-to-join-medicare-cost-cutting-program\/"},"modified":"2026-03-02T16:00:58","modified_gmt":"2026-03-02T21:00:58","slug":"federal-agency-gives-drug-companies-more-time-to-join-medicare-cost-cutting-program","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/federal-agency-gives-drug-companies-more-time-to-join-medicare-cost-cutting-program\/","title":{"rendered":"Federal Agency Gives Drug Companies More Time to Join Medicare Cost-Cutting Program"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

Federal health officials announced Monday they are giving pharmaceutical companies extra time to enroll in a groundbreaking program designed to bring down prescription drug costs for Americans receiving Medicaid benefits.<\/p>

The Centers for Medicare & Medicaid Services has moved the application deadline from March 31 to April 30, 2026, for drug manufacturers interested in participating in the new payment structure.<\/p>

The initiative aims to reduce medication expenses within the Medicaid system, which serves low-income individuals and families, bringing those costs in line with what other developed countries pay for prescription drugs.<\/p>","protected":false},"excerpt":{"rendered":"

The Centers for Medicare & Medicaid Services has given pharmaceutical manufacturers an additional month to participate in a new initiative aimed at reducing prescription drug costs for low-income Americans. The application deadline has been pushed back from March 31 to April 30, 2026.<\/p>\n","protected":false},"author":4,"featured_media":30491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[837],"tags":[],"class_list":["post-30492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772485257967.png?fit=1920%2C1080&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-7VO","jetpack-related-posts":[{"id":80814,"url":"https:\/\/tvdelmarva.com\/wp\/federal-agency-unveils-new-medicare-drug-price-negotiation-framework\/","url_meta":{"origin":30492,"position":0},"title":"Federal Agency Unveils New Medicare Drug Price Negotiation Framework","author":"Admin","date":"June 12, 2026","format":false,"excerpt":"The U.S. Centers for Medicare and Medicaid Services has introduced a proposed regulation to create a lasting structure for Medicare prescription drug price negotiations beginning in 2029. The initiative seeks to reduce medication expenses for millions of Americans while offering pharmaceutical companies greater predictability in the process.","rel":"","context":"In "Health"","block_context":{"text":"Health","link":"https:\/\/tvdelmarva.com\/wp\/category\/health\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781299407345.png?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781299407345.png?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781299407345.png?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781299407345.png?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1781299407345.png?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":88798,"url":"https:\/\/tvdelmarva.com\/wp\/trumps-drug-price-plan-stalls-as-mid-sized-pharma-companies-balk\/","url_meta":{"origin":30492,"position":1},"title":"Trump’s Drug Price Plan Stalls as Mid-Sized Pharma Companies Balk","author":"Admin","date":"June 30, 2026","format":false,"excerpt":"President Trump's effort to bring U.S. prescription drug prices down to the lowest in the world is running into resistance from mid-sized and smaller pharmaceutical companies. A Medicaid pilot program meant to lock in 'most-favored-nation' pricing has seen limited interest beyond the biggest drugmakers. Industry lobbyists say smaller companies see\u2026","rel":"","context":"In "Health"","block_context":{"text":"Health","link":"https:\/\/tvdelmarva.com\/wp\/category\/health\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782814872536.jpg?fit=450%2C280&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":68330,"url":"https:\/\/tvdelmarva.com\/wp\/high-court-turns-away-drug-company-challenge-to-medicare-price-talks\/","url_meta":{"origin":30492,"position":2},"title":"High Court Turns Away Drug Company Challenge to Medicare Price Talks","author":"Admin","date":"May 18, 2026","format":false,"excerpt":"The Supreme Court declined to hear pharmaceutical companies' legal challenge to a federal program that allows Medicare to negotiate prescription drug prices. The program, established through 2022 legislation, has already secured lower prices for 25 medications with plans to expand to 40 drugs total.","rel":"","context":"In "Politics"","block_context":{"text":"Politics","link":"https:\/\/tvdelmarva.com\/wp\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779115191529.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779115191529.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779115191529.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779115191529.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":62055,"url":"https:\/\/tvdelmarva.com\/wp\/white-house-claims-drug-price-deals-could-save-economy-529b-over-decade\/","url_meta":{"origin":30492,"position":3},"title":"White House Claims Drug Price Deals Could Save Economy $529B Over Decade","author":"Admin","date":"May 5, 2026","format":false,"excerpt":"The Trump administration estimates that pharmaceutical agreements to align U.S. drug prices with international rates could generate $529 billion in economic savings over ten years. However, Democratic lawmakers are questioning the claimed savings and demanding transparency about the deal specifics.","rel":"","context":"In "Politics"","block_context":{"text":"Politics","link":"https:\/\/tvdelmarva.com\/wp\/category\/politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1777991947041.jpg?fit=1000%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1777991947041.jpg?fit=1000%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1777991947041.jpg?fit=1000%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1777991947041.jpg?fit=1000%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":46477,"url":"https:\/\/tvdelmarva.com\/wp\/16-major-pharma-companies-strike-drug-pricing-deals-with-trump-administration\/","url_meta":{"origin":30492,"position":4},"title":"16 Major Pharma Companies Strike Drug Pricing Deals with Trump Administration","author":"Admin","date":"April 2, 2026","format":false,"excerpt":"President Trump has reached agreements with 16 major pharmaceutical companies to align U.S. prescription drug costs with international prices in exchange for tariff exemptions. 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Officials estimate the change could save consumers $1.1 billion next year, with an older adult on Medicare Part B potentially saving around $800 annually in co-payments. 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