It’s easy to forget the many significant benefits of the Inflation Reduction Act that the Dems pushed through way back in… August (seems like forever ago, no!?). Senator Warner put out a media release reminding us about the provisions that took effect January 1st:
- Penalties on drug manufacturers that increase prices
- Free vaccines for Medicare recipients
- $35 cap on the cost of insulin
- Extension of ACA subsidies
With more helpful provisions kicking in on both April 1st (potential inflation protection for some Medicare Part B drugs) and October 1st (free vaccines for Medicaid recipients).