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BRIEF-HHS Announces Drug Payment Model That Will Lower Medicare Part B Payments For Some Drugs

Nov 20 (Reuters) -

* HHS - ANNOUNCED DRUG PAYMENT MODEL THAT WILL LOWER MEDICARE PART B PAYMENTS FOR CERTAIN DRUGS TO LOWEST PRICE FOR SIMILAR COUNTRIES

* HHS- MODEL WILL TEST A WAY FOR MEDICARE TO PAY NO MORE FOR PHYSICIAN-ADMINISTERED MEDICARE PART B DRUGS THAN LOWEST PRICE CHARGED IN SIMILAR COUNTRIES

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