Jan 28, 2025 · As we’ve written, in August 2022 then-President Joe Biden signed the sweeping Inflation Reduction Act into law, which included several measures aimed at reducing …

Apr 9, 2024 · President Joe Biden signed a law in 2022 that will cap prescription drugs at $2,000 a year by 2025 for people who have the prescription drug benefit, Medicare Part D.

When Democrats rammed through the Inflation Reduction Act during the days they controlled all of Washington, D.C., it ignited a chain reaction that led to higher Medicare costs for America’s...

Sep 29, 2022 · President Joe Biden boasted of a decrease in premiums for Medicare Part B as the “first” reduction “in more than a decade.” That’s true.

Aug 15, 2024 · The Biden administration says Medicare recipients will save about $1.5 billion on out-of-pocket costs for medications to treat diabetes, heart disease, types of arthritis and other …

Sep 19, 2024 · President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare …

Oct 3, 2024 · Under the Biden-Harris Administration, average Medicare Part D premiums increased by over 11 percent from 2021 to 2024, costing seniors an average of $52 more per …

Jan 21, 2025 · The key components of executive order 14087 implemented by Biden are as follows: Medicare $2 drug list model: This initiative sought to cap certain generic drug prices at …

Jan 28, 2025 · The $35 insulin co-pay cap for certain Medicare plans is a provision in the Inflation Reduction Act and is not affected by President Trump’s reversal of a previous Biden executive …

Biden’s bigger health care initiatives, such as a $35 monthly cap on insulin, a $2,000 annual out-of-pocket cap on prescription drugs and Medicare’s negotiating drug pricing provision weren ...