onlinemonks.com

Inflation Reduction Act becomes law What it means for your health insurance

By Nolan Thom

Aug 16, 2022

Due to the prohibitive cost of medications, many Americans either don't fill their prescriptions or wait until they absolutely have to. According to a...

With the passage of the Affordable Care Act, also known as Obamacare, the federal government will be able to negotiate lower prices for the most expen...

Professor of health policy at Vanderbilt University Medical Center Stacie Dusetzina deemed the changes "significant," especially for those in need of ...

While the new law is primarily intended to benefit Medicare recipients, health experts speculate that some of its provisions may find their way into t...

Many provisions, however, are not scheduled to go into effect for several years, so the changes won't happen overnight.

Long a goal of Democrats and some Republicans, the Inflation Reduction Act finally grants the government the ability to negotiate prices for some of t...

Prior to this change, the federal government was barred from negotiating lower drug prices with manufacturers on behalf of Medicare patients.

According to Tricia Neuman, senior vice president with the Kaiser Family Foundation, the new law essentially sets up a process whereby the Health and ...

Medicare will begin price negotiations for ten drugs in 2026, then fifteen drugs in 2027, twenty drugs in 2028, and so on. While drugs covered by Medi...

According to Neuman, in 2023, the public will be able to view a list of the initial 10 drugs chosen for negotiation.

Read More Latest News

Overwatch 2 Cross-Progression

Is Call of Duty: Warzone still down? How to check Warzone’s

The New York Knicks, which are going to trade for Donovan Mi