Attention Medicare Recipients: You Could See Lower Costs for These 10 Drugs in the Not-Too-Distant Future
Prescription drugs can be expensive. That's especially problematic for retirees living on fixed incomes.
Sure, insurance can partially offset those high costs. However, seniors age 65 and older still pay for more than half of prescription drug costs out of their own pockets, according to the Health Policy Institute.
Help should be on the way, though. The Inflation Reduction Act gives Medicare the power to negotiate prices with drugmakers for the first time ever. Not every drug will be included in these negotiations. But Medicare recipients could see lower prices for 10 drugs in the not-too-distant future.
Source Fool.com