Congress passed a prescription drug bill in 2003 that banned Medicare from negotiating drug prices.
The Inflation Reduction Act of 2022, Bidens big legislative win, changed all that.
At least it will be changing things 10 or 15 drugs at a time.
These are 3 of 10 prescription drugs that will be subject to Medicare price negotiations under the Inflation Reduction Act. The other drugs include Entresto, Jardiance, Enbrel, Januvia, Imbruvica, Stelara and Fiasp.© Photo Illustration by Scott Olson/Getty Images
We will continue to do so for future cycles.
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