The Biden administration has provided more evidence of its desire to follow rhetoric with action on lowering drug prices through the Inflation Reduction Act (IRA).
On Friday, The Department of Health and Human Services, through the Centers for Medicare and Medicaid Services (CMS), announced the list of 43 prescription drugs for which Part B beneficiary coinsurances may be lower between July 1 and September 30, 2023.
It is estimated that some people with Medicare who take these drugs may save between $1 and $149 per average dose starting July 1, depending on their individual coverage.
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