A few weeks ago, I created a video of some preliminary impacts in a DRAFT of the Inflation Reduction Act. Now that the bill is finalized, this video explains the changes that actually made it into the final bill and the impacts to Medicare Prescription Costs.

There are seven key areas covered in this brief video:

(1) $35/month Insulin (extended)
(2) Vaccine Cost Sharing (starting 2023)
(3) Part D Premium Stabilization (starting 2024)

(4) Part D Benefit Levels (starting 2024)
(5) Annual Max out of Pocket (starting 2025)
(6) Monthly Max out of Pocket (starting 2025)

(7) Drug Price Negotiation (starting in 2026)




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