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Here’s how Biden is averting a spike in Medicare drug plan premiums
President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare enrollees’ out-of-pocket prescription costs that starts in January. But what they haven’t talked about is that the cap has prompted insurers to propose hiking the drug plan premiums of millions of Medicare beneficiaries.
President Joe Biden and Vice President Kamala Harris have repeatedly touted on the campaign trail their efforts to lower drug prices, including a $2,000 limit on Medicare enrollees’ out-of-pocket prescription costs that starts in January. But what they haven’t talked about is that the cap has prompted insurers to propose hiking the drug plan premiums of millions of Medicare beneficiaries. Read More Breaking News, Latest News and Videos | CNN