The provision, signed into law by President Biden, will significantly lower out-of-pocket drug costs for many of the over 2.3 million Pennsylvania seniors enrolled in Medicare Part D coverage.
Starting in 2026, the prices for these drugs will decrease for up to nine million seniors, thanks to a provision in President Biden’s Inflation Reduction Act that allows Medicare to negotiate the prices for these drugs directly with the manufacturers.
The law ensured that 76,000 Pennsylvanians were able to keep their health insurance, reduced the cost of insulin for over 80,000 seniors, and incentivized several manufacturers to invest in the state and create more clean energy jobs.
The PACT Act removed the need for certain veterans to prove a service connection if they are diagnosed with certain cancers or respiratory conditions and sped up the process of receiving benefits.
Short-term plans offer limited coverage, can deny coverage based on pre-existing conditions, and trick consumers into buying products that provide “little or no coverage when they need it most."
A new report finds that the Inflation Reduction Act will dramatically lower the cost of solar and wind energy projects, create millions of new jobs, and more.
Biden’s plan would increase the Medicare tax rate on Americans earning above $400,000 from 3.8% to 5% to help keep Medicare solvent into the 2050s. No one earning under $400,000 a year would pay a dime more in taxes, under Biden’s plan.
The Biden administration announced recently that the U.S. will no longer be in a COVID-19 emergency as of May 11, which means that an estimated five to 14 million Americans could lose access to health insurance via Medicaid.
There are a number of changes coming to ACA coverage in 2023. Here’s a breakdown of what enrollees need to know, and how to apply in the Keystone State.
