… they climbed back out after they hit about $5,000 in an annual year to for their prescription drug costs. And then it started over again. Now, what we did in The Inflation Reduction Act capped out-of-pocket drug costs for Medicare beneficiaries at $2,000 annually. And you can spread that $2,000 over monthly payments. So it makes it a lot easier for you to afford your prescription drugs and the total out of pocket cost. (20:22–20:29)
CLAIM
Asserts that the Inflation Reduction Act limited annual out-of-pocket drug costs for Medicare beneficiaries.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
