
Cost Saving Rx Drug Provisions of the IRA
May 4, 2023 @ 10:00 AM EDT
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AARP Ohio hosted this Access Live event to discuss how the Inflation Reduction Act (IRA) of 2022 will lower drug prices for millions of seniors. The event featured United States Congresswoman Shontel Brown, who shared how important this legislation is to provide savings on healthcare costs. The representative explained that by 2025 the annual cost of drugs will be capped to $2000 per year for all prescription drugs with seniors who have Medicare. Specific topics of discussion topics included the upcharge in prescription drugs, generic versus name brand drugs, and other benefits that may be introduced.