Our non-Medicare clients and friends may also benefit from the Inflation Reduction Act as it extends—through 2025—the financial help for premiums on Healthcare.gov and state-based Marketplaces (such as Access Health CT). These supports were initially made available through the American Rescue Plan of 2021 and would have expired at the end of 2022. On average, […]
Inflation Reduction Act: Key Dates for Medication Price Reductions
Provisions of the Inflation Reduction Act of 2022 will favorably impact prescription drug prices and other healthcare costs for Medicare participants. While it will take several years to realize the full benefit of the law (including the $2,000 cap on total out-of-pocket drug costs in 2025) there are a number of immediate changes in 2023 […]