As a lifelong asthma sufferer, I am no stranger to utilizing our healthcare system and the high costs that come with it. By the end of this year, I’ll spend $7,000 out-of-pocket on the medication that keeps me alive. I’m lucky I can afford this at the moment, but many Americans aren’t so fortunate and find themselves delaying care, rationing medicine or traveling to Mexico in search of cheaper prices.
Year after year, older Americans on Medicare have pleaded with elected officials to take on Big Pharma and reduce prescription costs. And year after year, promises never became law, as prescription costs rise. That is until this year, when the Biden Administration enacted the Inflation Reduction Act.
The above excerpt was originally published in the Arizona Capitol Times.
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