FDA Drug User Fees Reauthorized
The Senate passed a bill that will continue to finance the FDA through fees paid by drug manufacturers. According to The New York Times
, the bill now goes to President Donald Trump, who is expected to sign it; the House approved the bill on July 12. The fees help pay for the federal review of prescription drugs and medical devices. The Senate also approved, by a 94-1 vote, a bill that will provide people with terminal illnesses better access to experimental treatments.
CMS Approves Florida Medicaid Demonstration
Florida’s capitated Medicaid managed care program and a fund to help pay for charity care were both approved for a 5-year extension by CMS. The demonstration was set up under the Medicaid section 1115 waiver. CMS announced
that the Trump administration will fund the hospital low-income pool with $1.5 billion annually. The agreement represents the new administration’s willingness to provide more flexibility to states—the Obama administration had not wanted to provide as much funding for the low-income pool because the state had the option of expanding Medicaid under the Affordable Care Act, but did not.
New HCV With Price Well Below Competition
The FDA has approved a drug that can treat all forms of the hepatitis C virus (HCV) through a course as short as 8 weeks. The AP reported
that the approval of Mavyret means there are now 8 drugs available to treat HCV. AbbVie announced Mavyret’s list price will be $26,400 for 8 weeks of treatment. $39,600 for 12 weeks, and $52,800 for 16 weeks. This places the treatment’s price well below others on the market.