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On June 15th, MedPAC released its June 2023 “Report to the Congress: Medicare and the Health Care Delivery System”. Each June, as part of its mandate from the Congress, MedPAC reports on issues affecting the Medicare program as well as broader changes in health care delivery and the market for health care services. The report includes ten chapters. Examples of information addressed in the report includes the following: High prices of drugs and biologics covered under Medicare Part B. Due to an increase in Medicare Part B drug spending between 2009 and 2021, the Commission recommends three policies designed to improve Medicare's Part B drug payment system and reduce spending growth for Part B drugs....
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