Apr 9, 2024 · President Joe Biden signed a law in 2022 that will cap prescription drugs at $2,000 a year by 2025 for people who have the prescription drug benefit, Medicare Part D.

Aug 15, 2024 · The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare.

Jan 21, 2025 · President Donald Trump has rescinded former President Joe Biden's executive order 14087, which was put in place to lower the cost of prescription drugs for Americans.

Aug 15, 2024 · The Biden administration says Medicare recipients will save about $1.5 billion on out-of-pocket costs for medications to treat diabetes, heart disease, types of arthritis and other ailments...

Sep 19, 2024 · President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare enrollees’ out-of-pocket...

Sep 29, 2022 · President Joe Biden boasted of a decrease in premiums for Medicare Part B as the “first” reduction “in more than a decade.” That’s true.

Oct 3, 2024 · Under the Biden-Harris Administration, average Medicare Part D premiums increased by over 11 percent from 2021 to 2024, costing seniors an average of $52 more per year for their prescription drug coverage.

Biden’s bigger health care initiatives, such as a $35 monthly cap on insulin, a $2,000 annual out-of-pocket cap on prescription drugs and Medicare’s negotiating drug pricing provision weren ...

Mar 7, 2023 · President Joe Biden said he has a plan to shore up the finances of Medicare, the health insurance plan for America's seniors: Raise the Medicare tax on people earning more than $400,000 to 5%...

Aug 15, 2024 · WASHINGTON (AP) — Taxpayers are expected to save billions after the Biden administration inked deals with pharmaceutical companies to knock down the lists prices for 10 of Medicare’s...