AARP Touts IRA Savings, Defends CMS’ Part D Demonstration

While conservatives are rallying against CMS’ attempt to ensure premiums stay affordable with a last-minute Part D demonstration, AARP recently justified to reporters the need for the demonstration and celebrated the drug cost savings created by the Inflation Reduction Act. CMS’ new demo is meant to fill in the gap created by the IRA, which is putting pressure on premiums by setting a $2,000 out-of-pocket cap for Medicare enrollees and letting Medicare negotiate drug prices. Leigh Purvis, AARP’s Public Policy...