Medicare Patients May Soon See Their Costs Come Down

Biden’s Inflation Reduction Act will reduce drug prices for millions of Americans

Hi, this is Nacha in New York, with some big news for the 65 million or so Americans on Medicare who are sick of paying so much for their prescription drugs. But first...

For years, Americans have complained about the rising cost of medicine. If you visit Canada, Mexico or most of Europe, you’ll notice that pharmaceuticals there are far more affordable. In fact, patients in other wealthy countries spend only half of what US patients dole out.