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

By Granite Post Staff

April 5, 2024

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

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