President Biden Highlights $1 Billion in Medicare Prescription Drug Savings Amid GOP Repeal Threats

President Joe Biden visited Concord, New Hampshire, yesterday with Sen. Bernie Sanders to spotlight the Biden-Harris administration’s efforts in cutting healthcare costs for Americans, especially seniors. A new report from the Department of Health and Human Services reveals that thanks to the Inflation Reduction Act, nearly 1.5 million Medicare enrollees have saved close to $1 billion on prescription drugs during just the first half of 2024, with more savings expected this year.

Vice President Kamala Harris, who cast the tie-breaking vote on the act, also issued a statement highlighting key achievements, including capping insulin costs at $35 per month for seniors and negotiating lower prices for some of the most widely used medications.

Harris, a longtime advocate for healthcare reform, vowed to continue to fight for affordable healthcare, emphasizing her track record of holding Big Pharma accountable. As Republican officials aim to repeal these critical protections, the administration is pushing forward with more efforts to make healthcare accessible and affordable.


Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.

The post President Biden Highlights $1 Billion in Medicare Prescription Drug Savings Amid GOP Repeal Threats appeared first on American Urban Radio Networks.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Biden administration scrubs union accountability site

President Joe Biden has nixed a federal union accountability...

Second Florida Democratic representative flips Republican

(The Center Square) – A second Florida state House...

Illinois laws effective Jan. 1 impact parents

(The Center Square) – A handful of the nearly...

Violent Venezuelan gang members expanding operations in Midwest

Members of the violent Venezuelan prison gang, Tren de...

South, Midwest lead top 10 hot spots for 2025 housing market

(The Center Square) – The National Association of Realtors...

Hawaii, Louisiana top list of 10 worst states to work in 2024

(The Center Square) – Out of the top 10...

Gender transition procedures for minors receive increased scrutiny from emboldened GOP

Gender transition procedures on minors face intensifying scrutiny as...

Seattle to see more homeless services along Third Ave. corridor in 2025

(The Center Square) – Seattle’s infamous Third Avenue corridor...

More like this
Related

Biden administration scrubs union accountability site

President Joe Biden has nixed a federal union accountability...

Second Florida Democratic representative flips Republican

(The Center Square) – A second Florida state House...

Illinois laws effective Jan. 1 impact parents

(The Center Square) – A handful of the nearly...

Violent Venezuelan gang members expanding operations in Midwest

Members of the violent Venezuelan prison gang, Tren de...