From the Majority Leader Press Shop:
We’ll keep it short and sweet – yet another story is out about how the landmark Inflation Reduction Act will lower health care costs for millions of older Americans by giving Medicare the ability to negotiate the price of certain prescription drugs and capping annual out-of-pocket prescription drug costs at $2,000 dollars for Medicare recipients. Democrats are delivering on our commitment to put people over politics and help ensure that Americans can access quality, affordable health care. Read more below:
The New York Times: For Older Americans, Health Bill Will Bring Savings and ‘Peace of Mind’
We’ll keep it short and sweet – yet another story is out about how the landmark Inflation Reduction Act will lower health care costs for millions of older Americans by giving Medicare the ability to negotiate the price of certain prescription drugs and capping annual out-of-pocket prescription drug costs at $2,000 dollars for Medicare recipients. Democrats are delivering on our commitment to put people over politics and help ensure that Americans can access quality, affordable health care. Read more below:
The New York Times: For Older Americans, Health Bill Will Bring Savings and ‘Peace of Mind’
“Nearly 49 million people, most of them older Americans, get prescription drug coverage through Medicare, yet many find that it does not go very far…the Senate bill, which the House is expected to pass on Friday, then send to President Biden’s desk, could save many Medicare beneficiaries hundreds, if not thousands of dollars a year. Its best-known provision would empower Medicare to negotiate prices with drug makers with the goal of driving down costs…one that experts said would help lower costs for beneficiaries.”
“‘This is a huge policy change and one that has been a long time coming,’ said Dr. Stacie Dusetzina, an associate professor of health policy at Vanderbilt University. ‘For people needing high-cost drugs, this will provide significant financial relief.’”
“‘This is a huge policy change and one that has been a long time coming,’ said Dr. Stacie Dusetzina, an associate professor of health policy at Vanderbilt University. ‘For people needing high-cost drugs, this will provide significant financial relief.’”