The Democrats' Inflation Reduction Act would grant Medicare the authority to negotiate drug prices and cap out-of-pocket costs at $2,000 a year.       

BING NEWS:
  • Insurer Humana pulls 2025 profit forecast on disappointing Medicare rates
    Humana withdrew its already downscaled 2025 profit forecast on Wednesday, citing disappointing government Medicare reimbursement rates, sending the health insurer's shares down over 5% in morning ...
    04/24/2024 - 3:17 am | View Link
  • 1 in 4 Medicare beneficiaries with obesity could get Wegovy despite coverage ban
    A KFF analysis found that among the 13.7 million people on Medicare diagnosed with obesity, 3.6 million, or roughly 1 in 4, of these beneficiaries also have diagnoses of cardiovascular disease. These ...
    04/23/2024 - 11:02 pm | View Link
  • Was President Biden correct in saying Medicare Part D will cap costs at $2,000 for drugs?
    Biden was referring to the Inflation Reduction Act, part of which targeted prescription drug costs. It passed in 2022 with no Republican support.
    04/21/2024 - 12:03 am | View Link
  • Here’s How Medicare Should Negotiate Drug Prices
    The federal health-insurance system is finally wielding its leverage to reduce prices. There’s just one problem.
    04/16/2024 - 8:22 pm | View Link
  • Fact check: Biden is right about $35 insulin cap but exaggerates prior costs for Medicare enrollees
    The Inflation Reduction Act, which Biden signed in 2022, caps out-of-pocket insulin costs at $35 a month for Medicare enrollees. The cap took effect in 2023. In response, three drug manufacturers said ...
    04/15/2024 - 6:00 am | View Link
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