CMS Opens Public Comment on New Medicare Transaction Facilitator (MTF)
CMS is asking the public to weigh in on the Medicare Transaction Facilitator (MTF), the system that carries negotiated drug prices from manufacturers to the pharmacy counter.
Medicare drug price negotiation raises real concerns for the research and innovation that patients depend on. But the policy is moving forward, so the practical questions matter now.
Here is the concern. The MTF is built to make sure pharmacies receive the negotiated price, usually through a manufacturer refund. That is important work. But it does not, on its own, guarantee that the patient feels the savings rather than an insurer, a pharmacy benefit manager (PBM), or another middleman absorbing them along the way.
Right now, there is an opportunity to determine whether anyone can even see where the savings land. That is why this comment period matters, and why your voice belongs in it.
Comments are due September 22, 2026.
*Submit online through Regulations.gov. A sample STARR comment is available below to guide your own.





