The Inflation Reduction Act Starts Taking on Big Pharma

Photo by Etactics Inc on Unsplash

Do you or someone you know take one of the following prescription drugs?

• Jardiance, Januvia, Farxiga, Fiasp, Fiasp FlexTouch, Fiasp PenFill, NovoLog, NovoLog FlexPen, NovoLog PenFill to treat diabetes
• Eliquis or Xarelto to treat blood clots
• Stelara or Enbrel for psoriasis and psoriatic arthritis
• Entresto for heart failure
• Imbruvica for blood cancer

If so, prepare to pay less in out-of-pocket-costs than you’ve been paying.

Yes, less.

If you’re a Medicare recipient with diabetes, how does reducing your current out-of-pocket costs to $35 per month sound?

Thanks to a key provision in the Inflation Reduction Act President Biden signed last year, Medicare is now permitted to start negotiating for more affordable pharmaceutical drugs.

13 million families covered under the Affordable Care Act (ACA) will see health insurance costs decrease by an average of $800 a year.