The U.S. government on Thursday unveiled a pilot program to combat skyrocketing prescription drug costs in Medicaid by pegging prices to those in other developed nations. The plan could save billions for low-income Americans and taxpayers.
The Centers for Medicare & Medicaid Services (CMS) introduced the Generating Cost Reductions for U.S. Medicaid (GENEROUS) model, a voluntary program launching in January 2026 and lasting through December 2030.
