The Inflation Reduction Act Lowers Health Care Costs for Millions of Americans

CMS released Inflation Reduction Act (IRA) educational materials that explain the impact of the IRA on CMS programs.

Through the IRA, President Biden is delivering on his promise to lower prescription drug costs, make health insurance more affordable, and make the economy work for working families. This law means millions of Americans across all 50 states, the United States territories, and the District of Columbia will save money from meaningful benefits like lower prescription drug prices in Medicare through price negotiation with manufacturers, a yearly cap ($2,000 in 2025) on out-of-pocket prescription drug costs in Medicare, and continued lower health insurance premiums through and the State-Based Marketplaces. 

For more information, review these resources or click the button below to view the full CMS fact sheet!

If you have any questions, call us today at 866-568-9649!


Main Office:
2401 Sardis Road North, Suite 110
Charlotte, NC 28227

Texas Office:
9441 Lyndon B. Johnson Fwy Suite 512
Dallas, TX 75243

Mississippi P&C Office:
180 Canal Place
Philadelphia, MS 39350

Helping Talented Agents Close More Sales

Follow Us: