Inflation Reduction Act: Access Barriers Undermine Affordability
Enacted in 2022, the Inflation Reduction Act (IRA) introduced significant
reforms aimed at reducing the financial burden of prescription drug costs
for Medicare Part D beneficiaries.
However, in addition to these reforms, the IRA redesigned the financial
structure of Part D by shifting a larger share of liability from the federal
government to plans and pharmaceutical manufacturers. As plans absorb
this increased... Read more



