“We will make your prescriptions fair, not rip-offs.”
The promise
Biden campaigned to allow Medicare to negotiate prescription drug prices for seniors, cap insulin cost, and reduce drug expenses broadly. Through the Inflation Reduction Act, his administration enabled Medicare negotiation for some drugs, capped insulin out-of-pocket costs at $2,000 annually, and expanded drug price controls. These measures have begun to take effect and are seen as landmark healthcare reforms.





