Tag Archive | "Inflation Reduction Act"

Pharma, drug

New Prescription Drug Pricing Law Brings “Substantial” Reform

On Aug. 16, President Joe Biden signed into law the Inflation Reduction Act (IRA), which rose from the ashes of the Build Back Better Act (BBBA), a bill that failed to pass in 2021 after it could not gather enough support in the Senate.

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Inflation reduction act

Inflation Reduction Act Contains Cost-Saving Changes For Older Adults

On the health front, the The Inflation Reduction Act achieves two key goals of congressional Democrats. First, it would give the federal government the ability to negotiate prices of some drugs purchased by Medicare beneficiaries, a tool that has long been opposed by the drug industry.

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