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Medicare Drug Price Negotiation: Dynamics to Watch for IPAY 2028

Background As the Inflation Reduction Act’s (IRA) Medicare Drug Price Negotiation Program continues to be implemented, negotiation outcomes from earlier cycles will increasingly shape those that follow. The Centers for Medicare & Medicaid Services (CMS) has conducted negotiations for the first two years of maximum fair prices (MFPs) for Initial Price Applicability Year (IPAY) 2026 (effective January 1, 2026) and IPAY 2027 (effective January 1, 2…
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avalerehealth.com broke the news in on Thursday, February 12, 2026.
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