Saturday, November 26, 2022


An investigative probe into how rules written for distressed rust belt property may benefit a select few; Small Business Saturday highlights local Economies; FL nonprofit helps offset the high cost of insulin.


A Supreme Court case could have broad implications for the future of U.S. elections, results show voters rejected election deniers in many statewide races, and the concession phone call may be a thing of the past.


A water war in Southwest Utah has ranchers and Native tribes concerned, federal solar subsidies could help communities transition to renewable energy, and Starbucks workers attempt to unionize.

AARP: Inflation Reduction Act to Save Seniors Millions on Drug Costs


Thursday, August 18, 2022   

President Joe Biden signed the Inflation Reduction Act this week, lowering energy costs, building a green economy, reducing pollution, reforming the tax code and cutting the deficit. But advocates for seniors say lowering Medicare costs will benefit the most Americans.

Democrats passed the bill, which contains several elements of the ill-fated Build Back Better program, with no support from Republicans.

Dana Kennedy, state director with AARP Arizona, said the health-care portions of the bill are the result of a 20-year battle with drug lobbyists on behalf of millions of Medicare patients.

"When costs go down, 50 million with Medicare Part D will have peace of mind knowing that their pharmacies are capped at $2,000 a year," said Kennedy, "3.3 million Medicare beneficiaries with diabetes will benefit from a guarantee that their insulin costs are capped at $35 a month."

Kennedy said the biggest savings for seniors may be a rule allowing Medicare to negotiate lower drug prices.

Since Congress created Part D drug plans in 2006, Medicare has been blocked from negotiating with pharmaceuticals, meaning seniors often pay full retail prices.

Sen. Mark Kelly - D-AZ - speaking at an AARP virtual roundtable, called the bill a major defeat for pharmaceutical companies - which pay 1,600 lobbyists almost $200 million dollars a year to protect their ability to set drug prices without regulations. Kelly said the bill will put the brakes on rising costs.

"The cost of these medications will not continue to go up faster than inflation," said Kelly. "What somebody said, if the price of gasoline went up the same rate as the price of prescription drugs since 2015, a gallon of gas would be $12."

In addition to fixing parts of Medicare, the measure will save 13 million Americans more than $800 a year on health plans, make 3 million more people eligible for health coverage, and will lower the number of uninsured Americans.

"I think it's fair to say that across the country, millions will save billions of dollars," said Kelly. "When you do the math, it's very impactful."

Disclosure: AARP Arizona contributes to our fund for reporting on Budget Policy & Priorities, Consumer Issues, Health Issues, Senior Issues. If you would like to help support news in the public interest, click here.

get more stories like this via email
During open enrollment for 2022 coverage, Georgia saw a record number of individuals, more than 700,000, sign up for health insurance. ( Stock)

Health and Wellness

Open enrollment for health insurance through the Affordable Care Act is already underway, and ends on Jan. 15. More than 1.3 million Georgians do …

Social Issues

Holiday shoppers this week have no shortage of options with Small Business Saturday being observed on Nov. 26. Sandwiched between Black Friday and …

Health and Wellness

The American Heart Association has developed a series of videos to educate women about heart disease. The Red Chair Series is a four-episode series …

Chris Powers stands in front of the Land Bank lot that he tried to bid on in Southern Ohio. (Eye on Ohio)

Social Issues

By Lucia Walinchus for Eye on Ohio.Broadcast version by Nadia Ramlagan for Ohio News Connection Collaboration reporting for the Ohio Center for Invest…

Social Issues

While many Iowa families gather through this weekend to celebrate Thanksgiving in traditional ways with food and family, thousands of people take to …

The EPA claims that the EES Coke Battery plant has emitted thousands of tons of sulfur dioxide annually beyond its permitted limit of 2,100 tons. (Wikipedia)


Members of a Detroit-area community are intervening in an Environmental Protection Agency lawsuit against a DTE Energy subsidiary charged with dumping…

Health and Wellness

A bill headed to President Joe Biden's desk addresses a long-standing problem for domestic violence survivors, ending their ties to their abusers' …


Oregon is home to a plethora of rivers, but those waterways are not always accessible to every community. A new video series highlights how …


Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021