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A provision of Biden’s Inflation Reduction Act requires drugmakers to pay rebates to Medicare, the federal health program for Americans over age 65, if they hike the price of a medication faster ...
President Joe Biden's signature Inflation Reduction Act (IRA) includes a provision to penalize drugmakers who work with Medicare, a government program for people aged 65 and older or who are disabled.
The Medicaid Drug Rebate Program requires drugmakers to pay the program a rebate if the… Inflation Reduction Act rebates yield savings for 54 Medicare Part B drugs Skip to main content
The Inflation Reduction Act of 2022 (IRA) is a landmark United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy.
More than a million U.S. seniors will save $1,100 in prescription drug costs every year under a provision in the 2022 Inflation Reduction Act, according to a new report released Wednesday. The ...
The announcement Tuesday is another significant step toward taming drug pricing under the Inflation Reduction Act, which was signed by Biden last year. The law also calls for a $2,000 annual cap ...
STAT Washington Correspondent Rachel Cohrs joins Yahoo Finance Live to explain how the Inflation Reduction Act's drug price caps are just the start of addressing health care costs in the U.S.
Medicare is one of the biggest winners of the Inflation Reduction Act, being granted powers to negotiate drug prices for the first time in history.