Overhaul coming for U.S. Medicare system
Written by Black Hot Fire Network on September 23, 2022
WASHINGTON (Gray DC) - The Inflation Reduction Act is a wide sweeping law, but it will make very specific changes to the U.S. Medicare system over the next several years.
The Better Medicare Alliance said one of the most important changes is capping out-of-pocket spending on prescription drugs at $2,000.
“Many of these Medicare beneficiaries take several drugs for different complex conditions,” Better Medicare Alliance Vice President of Policy and Research Greg Gierer said. “They could spend $4,000, $5 . . .
