Prescription drug prices are sky-rocketing across the state of Illinois as inflation continues to set record highs.
In August, President Biden signed into law the Inflation Reduction Act. The law includes several provisions to lower prescription drug costs for people with Medicare and reduce drug spending by the federal government. Antonio Ciaccia(CHA-CHA) is a leading health expert on drug prices.
The law includes several provisions to reduce prescription drug costs for Medicare beneficiaries and federal government drug spending. These provisions will go into effect in 2023.