Millions See Cost Savings Under the Inflation Reduction Act

The Inflation Reduction Act (IRA) made significant improvements to Medicare prescription drug access and affordability, including by restructuring the Part D benefit to limit enrollee expenses. Those changes began in January 2024, when the IRA eliminated cost sharing in the catastrophic coverage phase. This has effectively held enrollee spending to roughly $3,400 in 2024. Starting in 2025, the … Continue reading Millions See Cost Savings Under the Inflation Reduction Act