August 21st, 2023 by WCBC Radio
At a press conference held by advocacy group Maryland Healthcare for All, Senator Chris Van Hollen celebrated the one-year anniversary of the passage of the Inflation Reduction Act. Among other issues, the Act has addressed the concerning level of medicine costs for aging Americans. According to Senator Van Hollen, 1.1 million Marylanders are now on Medicare. One of the major cost savings implemented by the Inflation Reduction Act is standardizing the cost of insulin…
Further, Van Hollen said that out-of-pocket costs for Americans on Medicare will now be capped…
Van Hollen also shared the Inflation Reduction Act has opened the door for Medicare to negotiate with drug companies on pricing…
