Generics Coverage Worsens Under Medicare Plans In 2021

AAM Urges Policymakers To Initiate Medicare Part D Reform

 
• By Akriti Seth
  
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Based on the latest AAM-sponsored study by Avalere Health, the US off-patent industry association has asked policymakers to initiate Medicare Part D reforms. Generic prescription drugs are only placed on generic tiers 45% of the time in 2021, a significant decrease from the 64% seen in 2016.

brand name v/s generic drugs
The AAM has criticized Medicare for the worsening of generic drug coverage in Medicare Part D • Source: Shutterstock

“It is vital that policymakers reform Medicare to ensure that seniors receive the full value of low-cost generics and the full value of their Part D benefit,” said Dan Leonard, president and CEO of the US Association for Accessible Medicines, as he pointed out that the latest AAM-sponsored study by researcher Avalere Health has highlighted the continued worsening of generic drug coverage in Medicare Part D.

The 2021 Avalere study found that Medicare Part D plans place generic prescription drugs on generic tiers 45% of the...

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