On Sunday, August 7, 2022, the United States Senate voted to pass the Inflation Reduction Act of 2022, a bill that includes several key provisions to lower the prices of prescription drugs. AARP West Virginia thanks Senator Joe Manchin for supporting this critical legislation and moving one step closer to real relief for seniors.
The Inflation Reduction Act includes key AARP priorities that will go a long way to lower drug prices and out-of-pocket costs. AARP fought for provisions in the bill that will:
Jo Ann Jenkins, AARP Chief Executive Officer, issued the following statement reacting to the Senate vote.
“Since AARP’s founding we have fought for older adults to have access to affordable health care – including prescription drugs. And we have been working for nearly two decades to allow Medicare to negotiate the price it pays for medications. Thanks to today’s historic vote in the Senate, millions of Americans 50+ are one step closer to real relief from out-of-control prescription drug prices. This bill will save Medicare hundreds of billions of dollars and give seniors peace of mind knowing there is an annual limit on what they must pay out-of-pocket for medications. Lowering prescription drug prices is a top priority for Americans, with more than 80% of people across political parties supporting the measure. We thank all the senators who voted today to lower drug prices.
“We are also pleased that the bill will keep health insurance affordable for millions of Americans who purchase their coverage in the marketplace, especially consumers aged 50-64 – more than one million of whom have gained more affordable options.
“We urge the House to move quickly and enact this momentous reform. AARP fought hard for this victory, and we will keep fighting to get Americans relief from the high price of prescription drugs.”
AARP WV Media Contact: Tom Hunter, 304-340-4605, email@example.com
This story is provided by AARP West Virginia. Visit the AARP West Virginia page for more news, events, and programs affecting retirement, health care, and more.
Thursday, Oct 6, 2022 at 7:00 p.m. Eastern Time
Friday, Oct 7, 2022 at 10:00 a.m. Eastern Time
Friday, Oct 7, 2022 at 4:00 p.m. Eastern Time
JOIN FOR JUST $16 A YEAR