Claim True

The Inflation Reduction Act caps out-of-pocket prescription drug costs...

Chuck Schumer: The Inflation Reduction Act caps out-of-pocket prescription drug costs for people on Medi... Published Aug 16, 2023. Status: True. The Inflation...

Actor: Chuck Schumer
Topic: Economy
Status: True
Published: Aug 16, 2023
Deadline: Jan 1, 2025

The Inflation Reduction Act caps out-of-pocket prescription drug costs for people on Medicare at $2,000.

FactTracker assessment

The Inflation Reduction Act (IRA) includes a provision that caps annual out-of-pocket prescription drug costs...

Original source: wunc.org