It’s the best news that few people seem to know about: Prescription drug costs are falling this year for more than a million seniors — in many cases, by thousands of dollars.
Its changes to Medicare, which will help people who are enrolled in the prescription drug coverage plans known as Part D, are significant.
expands eligibility for financial assistance with Part D costs for low-income seniors.
The law has also authorized Medicare to negotiate prices for expensive drugs with pharmaceutical companies for the first time.
The first negotiations will be over 10 drugs, including the blood thinners Eliquis and Xarelto and the diabetes drugs Jardiance and Januvia.
Persons:
Biden, Jardiance
Organizations:
Medicare