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Vincent Rajkumar: Recent changes that have helped or will help Americans with prescription drug costs
Nov 1, 2024, 14:59

Vincent Rajkumar: Recent changes that have helped or will help Americans with prescription drug costs

Vincent Rajkumar, Professor of Medicine at the Mayo Clinic in Rochester, Minnesota, shared a post on X:

“Recent changes that have helped or will soon help Americans with prescription drug costs:

1) Insulin price cut by >70%
2) Some limits to price increases on existing drugs
3) Cap on Part D coinsurance
4) Medicare can negotiate drug prices
5) Growth of low cost online pharmacies.”

Vincent Rajkumar is a Professor of Medicine at the Mayo Clinic in Rochester, Minnesota, and Chair for the Mayo Clinic Myeloma, Amyloidosis, and Dysproteinemia Group.  He also chairs the Board of directors of  The International Myeloma Foundation and the Eastern Cooperative Oncology Group (ECOG) Myeloma Committee. His extensive contributions include over 230 peer-reviewed publications, predominantly focusing on multiple myeloma and related plasma cell disorders. Furthermore, Dr. Rajkumar is a Section Editor for multiple myeloma and related disorders for Leukemia and an Associate Editor for the Mayo Clinic Proceedings.