Politics

VIDEO: Perception Drugs Are Getting Cheaper for Seniors Thanks to Biden’s Inflation Reduction Act

Prescription drug costs are falling by the thousands this year for more than a million American seniors due to President Biden’s Inflation Reduction Act (IRA). When Biden signed the legislation in 2022, it covered a wide range of issues. It invested more than $370 billion into climate and clean energy programs. It extended generous subsidies…


Prescription drug costs are falling by the thousands this year for more than a million American seniors due to President Biden’s Inflation Reduction Act (IRA).

When Biden signed the legislation in 2022, it covered a wide range of issues. It invested more than $370 billion into climate and clean energy programs. It extended generous subsidies that helped make Affordable Care Act (ACA) health insurance plans more affordable. It implemented a $35 monthly cap on insulin for Medicare recipients.

Now, the legislation?s changes to the Medicare program will help beneficiaries save money.

@granitepost Prescription drug costs are falling by the thousands this year for more than a million American seniors due to President Biden?s Inflation Reduction Act (IRA). When Biden signed the legislation in 2022, it covered a wide range of issues. It invested more than $370 billion into climate and clean energy programs. It extended generous subsidies that helped make Affordable Care Act (ACA) health insurance plans more affordable. It implemented a $35 monthly cap on insulin for Medicare recipients. Now, the legislation?s changes to the Medicare program will help beneficiaries save money. #newhampshire #newhampshirenews #biden #potus #medicare #bigpharma ♬ original sound – Granite Post