Impact of the Inflation Reduction Act on US Healthcare

The Inflation Reduction Act, which has just come into law, includes the Medicare Drug Price Negotiation program which will impact healthcare in the US. Experts Nathan Swilling, Nikhil Pinto, and Alexa DeAngelis outline what this program is and its impact on current drugs.

Special thanks to Alexa DeAngelis for contributing to this article.

President Biden recently signed the Inflation Reduction Act into law, which includes key prescription drug provisions such as:  

• Penalties for drug price increases above the rate of inflation for Medicare Part B / D
• Restructuring the Medicare Part D benefit design
• Limiting cost sharing for insulin products…