Medicares New Years resolution? Bring down drug prices.

Published: Dec. 29, 2023, 11:45 p.m.

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One in seven Medicare beneficiaries surveyed reported not filling a prescription due to high cost. The Inflation Reduction Act was meant to change this by allowing Medicare to negotiate the prices of 10 medications beginning in 2024. It’ll be a balancing act \\u2014 bring prices down enough that they’re affordable, but not so low that drug companies exit the Medicare market. Also in this episode: French wineries suffer as red wine consumption drops, and new OSHA rules bring more transparency to on-the-job accidents at 50,000 workplaces.

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