Democrats passed the Inflation Reduction Act, which lowers prices of prescription drugs by:
- Giving Medicare the power to negotiate lower prices
- Reining in big drug companies’ price hikes
- Limiting seniors’ out-of-pocket costs
- Capping the cost of insulin at $35/month
- Providing free vaccines for seniors
The “The Lowering Drug Costs for American Families Act” (HR4895) would extend those protections to millions of Americans with private insurance, not just those covered by Medicare.
Learn more about how the inflation Reduction Act impacts your state here.