Rules on medicine prices for the elderly change with passage of Climate and Health Bill

Drug pricing rules embedded in the Cut Inflation Act will trigger the biggest changes in nearly two decades to how the government pays for prescription drugs, including caps on patient spending and price increases from drug manufacturers.

Legislation the House of Representatives passed on Friday would generate an estimated $739 billion in revenue and spend $433 billion on climate and energy programs as well as health insurance subsidies for millions of people covered by the Care Act. affordable. President Biden is expected to sign the bill soon.


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