Inflation Reduction Act or 2022
The Inflation Reduction Act’s Medicare Drug Price Negotiation Program updated
The Inflation Reduction Act of 2022 included several provisions to lower Medicare drug costs by requiring the Secretary of Health and Human Services (HHS) to negotiate prices with drug companies for certain drugs covered under Medicare Part D. Juliette Cubanski…
How many people will benefit from the price cap
If you are a Medicare recipient who takes expensive prescriptions, you will get a break on your drug costs in 2025. The Inflation Reduction Act 2022 enabled Medicare to negotiate drug prices and establish a $2,000 cap on out-of-pocket spending…
Payment plan for drugs in 2025
One of the many changes the Inflation Reduction Act (IRA) changed is how Medicare recipients can pay for prescription drugs. Medicare beneficiaries may choose to participate in a program that will spread the costs across several months instead of being…
Pay attention during the Open Enrollment Period
Although Medicare Open Enrollment is a few months away, it is not too early to learn about changes that may affect your Medicare Part D coverage. The Inflation Reduction Act (IRA) will make significant changes to many individuals with Part…
The Inflation Reduction Act’s big vaccine changes
The Inflation Reduction Act (IRA) of 2022 changed the vaccination coverage -plus reduced the cost of receiving those vaccines for people on Medicare. In 2023, “the IRA made adult vaccines recommended by the Advisory Committee on Immunization Practices available at…