Universal HealthcareBy NextBestFit

Create the national formulary & negotiate drug prices

Months 0–18 for the initial formulary; continuous negotiation · National Formulary and Pricing Board; HTA InstituteDiscuss this step
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Task 1.9.1 of 7

Start with the union of all Medicare Part D formularies, so no patient loses access to a drug they take on day one.

Who does it
Formulary Board
When
Month 0–6
Trade-off

Starting with every Part D drug avoids disruption but delays exclusion of low-value drugs.

Part of: Create the national formulary & negotiate drug prices

A National Formulary and Pricing Board covers every FDA-approved drug with a negotiated price. Retail drug spending falls from $467.0B to $380.1B (price effect −$113.1B, utilization +$26.2B).

This step changes 10 existing laws, programs, or institutions. See the list.