HHS Press Office May 15, 2024
By: Stacy Sanders, Chief Competition Officer, HHS

Summary:

President Biden’s prescription law is lowering health care costs for women who are seniors and women under the age of 65 with disabilities with Medicare

Imagine facing the daily challenges of managing your chronic condition, and then discovering that the medication vital to your well-being is priced beyond reach. You grapple with the constant burden of paying for your medication, often sacrificing necessities for you and your loved ones. Just when you manage to stabilize your finances, the medication’s cost skyrockets, ballooning by almost 50% since you began relying on it, now tallying up to a staggering $10,000 annually, and you see no help in sight.

Because of stories like this, President Biden passed the Inflation...

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