Opinion | Six strategies the Biden administration is using to reduce drug costs for elderly individuals






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President Biden’s Inflation Reduction Act

President Biden’s Inflation Reduction Act is a groundbreaking legislation that will make prescription drugs more affordable for seniors. Despite its significance, many Americans are unaware of the profound impact these changes will have.

Six Key Transformations

Discover the six major changes to anticipate:

1) Medicare Drug Price Negotiation

Medicare now has the authority to negotiate directly with drug manufacturers. The Centers for Medicare and Medicaid Services have already selected 10 drugs for negotiation, covering a range of common health conditions such as cardiovascular disease, cancer, and rheumatoid arthritis. Learn more about the selected drugs.


Read More of this Story at www.washingtonpost.com – 2024-04-30 10:30:31

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