Published November 01. 2024 01:19PM
Despite all the promises from Rep. Susan Wild that the Inflation Reduction Act would bring down prescription drug costs for seniors, the latest data and reporting tell a different story.
Nationwide, seniors are paying 21% more for their Medicare Part D plans than we were last year. In Pennsylvania, it’s even worse: our premiums have risen 33%!
The Biden administration seems to be waking up to the damage that they’ve done to Medicare, because now the Center for Medicare and Medicaid services is announcing a multi-billion dollar handout to insurance companies to try and keep costs down.
Susan Wild can talk all she wants about bringing prices down, but her record is clear: higher premiums for us, and handouts for insurance companies
Jan Thomas
Allentown