The Biden-Harris administration on Thursday announced the new, lower prices of 10 expensive and widely-used drugs that were selected last year for negotiations between Medicare and drugmakers under the Inflation Reduction Act. The negotiations — which used the power of Medicare to lower drug costs for seniors — are expected to save taxpayers about $6 billion in 2026, when they go into effect. The new prices will be anywhere from 38% to 79% lower than the drugs’ list prices last year, saving seniors on Medicare an estimated $1.5 billion in out-of-pocket costs in 2026 alone. ...To read more, head to our link in bio, and for more Virginia news and updates, follow us vadogwoodnews #bidenharris #healthcare #virginianews #medicare