Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs. The cap will reduce out-of-pocket spending for potentially millions of older ...

The yearly price cap has been in the works since President Joe Biden signed the Inflation Reduction Act into law in 2022, with that legislation including provisions tackling drug costs for seniors ...

While having a limit on how much you can spend on out-of-pocket drug costs may be welcome, a majority of beneficiaries don’t ...

Before the law, there was no cap on what Medicare enrollees might have to spend on medications covered by their Part D drug plans. They were on the hook for 5% of their drugs’ cost in the so ...

The post was shared more than 1,000 times in six days. Trump’s executive orders did not remove drug price caps put in place during Joe Biden’s presidency. There are caps contained in a federal ...

In yet another move of tightening price control measures against drug makers, the Pharmaceutical Advisory Forum has proposed a cap on margins of non-branded generic drugs at 400 per cent of post ...