The IRA Could Lead to Higher Out-of-Pocket Costs for 3.5 Million Medicare Patients in 2026

Teaser image of PhRMA fact sheet with title text visible reading The IRA could lead to higher out-of-pocket costs for 3.5 million Medicare patients in 2026

An analysis from Milliman finds the IRA’s drug pricing provisions could undermine the benefits of the new out-of-pocket limit for millions of seniors and people with disabilities. As a direct result of these provisions, 3.5 million Part D patients taking a medicine subject to an MFP could see higher out-of-pocket costs in 2026.

Teaser image of PhRMA fact sheet with title text visible reading The IRA could lead to higher out-of-pocket costs for 3.5 million Medicare patients in 2026

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