Dear John,
Close to 8,000 seniors on Medicare in the Eighth Congressional District are now getting a month's supply of insulin for just $35 with no deductible to pay. It's just one of several drug-related provisions in the Inflation Reduction Act kicking in this year.
The Inflation Reduction Act, which I voted to pass last summer, aims to make it easier for Americans, particularly the elderly, to afford their medications. Additional measures taking effect in 2023 include allowing seniors to get more vaccines at no charge and penalizing drug makers that raise prices higher than inflation.
Although the change to cost of insulin went into effect Jan. 1, plans have a March deadline to put this system in place. That means if you paid more than $35 a month for insulin in January or February, you should request reimbursement for the overage.
For more information on the new insulin measures, you can click here.
With the Inflation Reduction Act now the law of the land, we finally have the power to rein in Big Pharma's price gouging and reduce medical costs for seniors, working families and the federal government.
That's why I am proud to have supported this transformational legislation.