The Inflation Reduction Act Continues to Lower Drug Prices
On August 16, 2022, President Biden signed the Inflation Reduction Act into law. It means lower prescription drug prices for millions of Medicare beneficiaries.
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Skyrocketing drug prices have forced millions of Americans, especially seniors and retirees, to choose between paying for medicine and paying for other basics like food and shelter.
Congress must take action to rein in pharmaceutical corporations and lower drug prices once and for all.
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New Fact Sheet: Threats to Retirees in House Budget Package
May 30, 2025: This week, the Alliance released a new fact sheet detailing how the Republican budget, recently passed in the House of Representatives, will be harmful for seniors. The One Big Beautiful Bill Act (H.R. 1) will slash $490 billio Read More >
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Drug Industry Quietly Funds “Patient Advocacy” Groups to Fight Medicare Drug Price Negotiations
May 23, 2025: A new investigation by Patients for Affordable Drugs (P4AD) has uncovered a troubling tactic used by the pharmaceutical industry to protect profits and keep drug prices high: secretly funding so-called “patient advocacy” group Read More >
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Retirees Congratulate Jan Schakowsky on Exceptional Career in Congress
May 09, 2025: Rep. Jan Schakowsky (IL) announced on Monday that she will not seek another term in Congress. She has represented Illinois’ 9th congressional district since 1999. Following the announcement, the Alliance thanked her for always f Read More >
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Alliance for Retired Americans Urges Senate to Reject Robert F. Kennedy Jr. as Secretary of Health and Human Services
January 30, 2025: Alliance for Retired Americans leader Richard Fiesta released the following statement today regarding Robert Kennedy, Jr.’s nomination for Secretary of Health and Human Services (HHS). “During his confirmation hearings, Mr. Read More >
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KFF Health News: The Growing Inequality in Life Expectancy Among Americans
January 22, 2025: The life expectancy among Native Americans in the western United States has dropped below 64 years, close to life expectancies in the Democratic Republic of the Congo and Haiti. For many Asian Americans, it’s around 84 — on pa Read More >
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15 New Drugs Selected for 2025 Medicare Price Negotiation
January 17, 2025: On Friday, The Department of Health and Human Services (HHS) released a list of 15 new prescription drugs that Medicare will negotiate lower prices for. Under the law, HHS is required to negotiate a specific number of drugs each y Read More >
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Out-of-Pocket Cap Expected to Save Medicare Beneficiaries More than $7 Billion in 2025
January 17, 2025: A new analysis indicates that the Inflation Reduction Act’s $2,000 cap on annual out-of-pocket prescription drug costs – which kicked in this year – will result in significant savings for seniors. About 11 million Americans Read More >
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KFF Health News: Biden Administration Bars Medical Debt From Credit Scores
January 08, 2025: The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President Joe Biden is set to leave o Read More >
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KFF Health News: In Year 7, ‘Bill of the Month’ Gives Patients a Voice
January 02, 2025: In 2024, our nationwide team of gumshoes set out to answer your most pressing questions about medical bills, such as: Can free preventive care really come with add-on bills for items like surgical trays? Or, why does it cost so m Read More >
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KFF Health News: TV’s Dr. Oz Invested in Businesses Regulated by Agency Trump Wants Him To Lead
November 26, 2024: President-elect Donald Trump’s choice to run the sprawling government agency that administers Medicare, Medicaid, and the Affordable Care Act marketplace — celebrity doctor Mehmet Oz — recently held broad investments in heal Read More >