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Friend ––
No one should have to choose between getting the health care and prescription drugs they need and putting food on the table for their families.
There’s no question this dilemma is a reality too many Michiganders face. That’s why I joined with my Senate colleagues to pass into law the Inflation Reduction Act — and I want to make sure you, your family and friends know about several of the law’s provisions that went into effect January 1, 2023, which are lowering health care and prescription drug costs:
· Insulin now costs no more than $35 a month for seniors on Medicare.
· All vaccines approved under Medicare Part D are free.
· Prescription drug rebates will go into effect for Medicare, requiring pharmaceutical companies to pay back the federal government if prices for critical prescription drugs covered through Medicare rise faster than inflation. This measure is aimed to lower costs for Medicare patients and discourage pharmaceutical companies from exploiting inflation to hike up their prices.
If you are a senior on Medicare, these new Inflation Reduction Act provisions will be automatically applied, and you do not need to take any action.
For more information about how the Inflation Reduction Act will cut health care costs for Michiganders, CLICK HERE.
Working to expand access to quality, affordable health care and lowering prescription drug prices are among my top priorities as your U.S. Senator –– and I’ll keep fighting to reduce costs.
Thanks for reading,
Gary Peters
United States Senator for Michigan |
