Skip to Main Content
Contribute Try STAT+ Today

In a bid to lower prescription drug costs, a federal agency is recommending pharmaceutical companies pay higher Medicaid rebates if they have not completed required trials to confirm the effectiveness of medicines that received accelerated approval.

Specifically, the Medicaid and CHIP Payment and Access Commission, or MACPAC, on Friday voted 16-to-1 to boost two different types of rebates that drug makers would have to offer Medicaid if they fail to complete so-called confirmatory trials. Although Congress has to act on the recommendation, the agency hopes that drug makers will be moved to complete these trials rather than take a hit on revenue.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!


What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.