Although the Inflation Reduction Act (IRA) tried to address the high cost of prescription drugs, this Forbes article rightly points out the unintended consequences of its "pill penalty.” In the short term, this pill penalty raises the cost of prescription tablets and capsules; in the long term, it stifles important pharmaceutical innovation and research into convenient, easy-to-use pills.
North Carolina’s Medicare enrollees are feeling the squeeze after the Democrats’ promises of reduced Medicare costs and better health care go unfulfilled. Over two years ago, the Biden-Harris administration introduced the “Inflation Reduction Act” (IRA) despite strong and unified GOP resistance. The left stood confidently behind the Biden-Harris Administration’s initiatives, despite rising costs and empty promises.
