Becker's Healthcare September 21, 2022
The Inflation Reduction Act, signed by President Joe Biden Aug. 16, includes several big changes for Medicare, including Medicare Advantage plans. These new policies will be introduced over the next several years. AARP laid out when to expect the biggest changes to take effect, year-by-year.
2023
Changes rolling out in 2023 include no-cost coverage for all vaccines recommended for adults by the CDC and a $35 dollar monthly cap on insulin copays for Medicare Part D enrollees, AARP explained. Starting in 2023, drugmakers will be subject to penalties if they raise the cost of drugs more than the general rate of inflation.
2024
2024 marks the rollout of caps for Medicare Part D enrollees. Starting this...
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