Thanks to the recently passed Inflation Reduction Act (IRA), premiums for Medicare Part D outpatient drug plans will start to rise over the next few years. The increase will be 6 percent a year, according to the Congressional Budget Office (CBO) and private forecasts.
To make matters worse, in a few more years, the vast majority of Part D enrollees will start paying more for drugs they get from their local pharmacies than they would have paid under a s...
Medicare
Sen. Sanders: Why we need to expand the Democratic majority in Congress
As we enter the final weeks of the 2022 midterm elections, poll after poll shows that the most important issues facing the American people are the economy and inflation. This should come as no surprise.
As corporate profits soar, and as billionaires become even richer, working class Americans are falling further behind. This, sadly, is not a new reality. Tragically, despite huge increases in worker productivity, real inflation adjusted wages for American workers...
Sen. Sanders: Why we need to expand the Democratic majority in Congress
As we enter the final weeks of the 2022 midterm elections, poll after poll shows that the most important issues facing the American people are the economy and inflation. This should come as no surprise.
As corporate profits soar, and as billionaires become even richer, working class Americans are falling further behind. This, sadly, is not a new reality. Tragically, despite huge increases in worker productivity, real inflation adjusted wages for American workers...
Biden to sign order to explore ways to lower prescription drug costs
President Biden will sign an executive order on Friday to explore additional ways his administration can lower prescription drug costs.
The order directs the Department of Health and Human Services (HHS) to examine how it can use its Innovation Center to lower drug costs, the White House said in a press release. The Innovation Center, which was created under the Affordable Care Act, develops and tests new payment and delivery models for Medicare and Medicaid.
After a...
Biden to sign order to explore ways to lower prescription drug costs
President Biden will sign an executive order on Friday to explore additional ways his administration can lower prescription drug costs.
The order directs the Department of Health and Human Services (HHS) to examine how it can use its Innovation Center to lower drug costs, the White House said in a press release. The Innovation Center, which was created under the Affordable Care Act, develops and tests new payment and delivery models for Medicare and Medicaid.
After a...
Health Care — Democrats advance health measures in sweeping bill
A pulled pork BBQ sandwich stuffed with Reese's Peanut Butter Cups, Fluffer Nutter sweet potato fries and deep-fried pickles smothered in gravy are all dishes you can find at an MLB stadium this season, if you weren’t already excited about baseball.
It was a long weekend on Capitol Hill, where Democrats got a big win on Sunday by passing their sweeping health care and climate package. We’ll dive into what it means and how it happened.
Welcom...
Here’s what’s in the Inflation Reduction Act, the sweeping health and climate bill passed Sunday
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Biden promotes health care proposals in reconciliation package on Medicare, Medicaid anniversaries
President Biden emphasized the provisions on health care in the health, climate and tax package that is set for a Senate vote in a statement recognizing the 57th anniversaries of the creation of Medicare and Medicaid.
Biden said in the statement that the legislation, called the Inflation Reduction Act, will maintain the eligibility improvements to the Affordable Care Act that were included in the American Rescue Plan, which saved 13 million Americans an average of $800 p...
Sanders says Democrats’ prescription drug reform bill is ‘weak’
Senate Budget Committee Chairman Bernie Sanders (I-Vt.) said Tuesday that the prescription drug reform proposal that Democrats plan to move under special budget reconciliation rules is “weak,” noting it covers a limited number of drugs and doesn’t substantially take effect until 2026.
Sanders is the latest member of the Senate Democratic caucus to voice disappointment with the long-awaited budget reconciliation bill, which will not include provisions to tackle climate change...
House Votes to Avert Deep Medicare Cuts to Pay for $1.9 Trillion Stimulus Plan
The measure is likely to become the subject of negotiations later in the year over government spending and debt.