Web12 aug. 2024 · On Aug. 12, the Inflation Reduction Act of 2024 (IRA) passed the U.S. House by a vote of 220-207, and President Biden is expected to sign it into law. First passed by the U.S. Senate on Aug. 7, the $740 billion budget reconciliation package includes policies on Medicare drug pricing, Affordable Care Act (ACA) subsidies, energy, climate, … Web12 apr. 2024 · HHS Region I. @hhsregionone "The Inflation Reduction Act is the largest health reform initiative since the passage of the Affordable Care Act, and its benefits are cascading to Medicare beneficiaries across this nation …
HHS cuts 7 drugs from Medicare Part B rebates list
Web1 dag geleden · On Saturday, the Senate passed the Inflation Reduction Act (IRA), the latest take on Democrats’ previous spending package known as Build Back Better, via reconciliation by a vote of 51-50. Along with climate and tax provisions, the IRA included several health care provisions that will: Extend American Rescue Plan Act (ARPA) … Web15 mrt. 2024 · Companies who raised drug prices higher than the rate of inflation must rebate the difference to Medicare, according to a provision of the Inflation Reduction Act. The highest-profile product on ... stainless steel travel lock
Statements by HHS Secretary Xavier Becerra, CMS Administrator
Web7 aug. 2024 · – Today, the U.S. Senate passed the Inflation Reduction Act of 2024, a legislative package to fight inflation, lower prescription costs for seniors, invest in domestic energy production and manufacturing, and reduce carbon emissions by … WebUnder the Act’s provision, once a Medicare beneficiary’s annual out-of-pocket expenses for covered drugs reach $2,000, co-insurance costs will be eliminated, as Medicare Part D will pay 20 percent of the cost of brand-name drugs and 40 percent of the cost of generic drugs. Insurers and drug manufacturers will bear the remaining costs. Web8 aug. 2024 · In 2024, the HHS chief can choose to negotiate prices on 15 more drugs, which would go into effect in 2027. Ultimately, the bill would allow Medicare to negotiate prices on 60 drugs by 2029. The ... stainless steel travel dressing container