November’s General Assembly elections will likely have a meaningful impact on how much Virginians spend for prescription medication. Via both words and actions, Republicans and Democrats are demonstrating which side of prescription drug affordability they’re on. In...
Elections have consequences, and one of the groups most keenly aware of this fact are big special interest groups – among them, the Pharmaceutical Research & Manufacturers of America (aka PhRMA). After benefiting from Republican control of the governorship and the...
The provision, signed into law by President Biden, will significantly lower out-of-pocket drug costs for many of the nearly 1.1 million Virginia seniors enrolled in Medicare Part D coverage.
Starting in 2026, the prices for these drugs will decrease for up to nine million seniors, thanks to a provision in President Biden’s Inflation Reduction Act that allows Medicare to negotiate the prices for these drugs directly with the manufacturers.
The law ensured that 63,000 Virginians were able to keep their health insurance, reduced the cost of insulin for over 36,000 seniors, and incentivized several manufacturers to invest in the state and create more clean energy jobs.
Short-term plans offer limited coverage, can deny coverage based on pre-existing conditions, and trick consumers into buying products that provide “little or no coverage when they need it most.”
A new report finds that the Inflation Reduction Act will dramatically lower the cost of solar and wind energy projects, create millions of new jobs, and more.
Biden’s plan would increase the Medicare tax rate on Americans earning above $400,000 from 3.8% to 5% to help keep Medicare solvent into the 2050s. No one earning under $400,000 a year would pay a dime more in taxes, under Biden’s plan.
Millions of Americans Could Lose Medicaid Coverage Later This Year When the COVID-19 Emergency Ends. Here’s What You Need to Know.
The Biden administration announced recently that the U.S. will no longer be in a COVID-19 emergency as of May 11, which means that an estimated five to 14 million Americans could lose access to health insurance via Medicaid.