Exclusive: Drugmakers to raise prices on at least 350 drugs in U.S. in January
The increases are expected to come as the pharmaceutical industry prepares for the Biden Administration’s Inflation Reduction Act (IRA), which allows the government’s Medicare health program to negotiate prices directly for some drugs starting in 2026. The industry is also contending with inflation and supply chain constraints that have led to higher manufacturing costs.
How’s that Inflation reduction act and lower drug prices working out for ya, democrats? Three years, until 2026, is a long time for the plan to begin, when it comes to needed drugs.
Biden Administration’s Inflation Reduction Act (IRA), which allows the government’s Medicare health program to negotiate prices directly for some drugs starting in 2026.
What.....could possibly.....go wrong?
Medicare will be the new Medicaid, before long.
🙃