Promise Details
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.
What was done
This has been delivered to a significant degree: for example, the Inflation Reduction Act gave Medicare negotiation authority; insulin out-of-pocket caps for Medicare beneficiaries were implemented. Therefore the core promise is fulfilled.
Sources
The information presented in this promise is aggregated from various publicly available sources. We do not claim ownership or guarantee the accuracy of the content. All data is collected and cross-validated from multiple independent sources. To read more about this promise, please view the source links below:
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