Jan 10, 2022 - Health

Biden administration wants Medicare to reconsider premium hike

Xavier Becerra speaks at a congressional hearing.

HHS Secretary Xavier Becerra. Photo: Greg Nash-Pool/Getty Images

Because Biogen lowered the price of Alzheimer's drug Aduhelm by 50%, the federal government should "reassess" the large pending increase on Medicare's 2022 premiums that cover physician and outpatient care, HHS Secretary Xavier Becerra said in a statement today.

Why it matters: The historically high Medicare premium hike, during a midterm election year, was due in large part to Aduhelm's high price tag.

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