CAHC: IRA Will Cause Part D Premium Increases, Less Access To Care

The Inflation Reduction Act (IRA) will make it more difficult for Part D beneficiaries to receive care, specifically eliminating plan options and raising premiums, according to a new report from the Council for Affordable Health Coverage (CAHC) that requests Congress intervene to mitigate the potential issues. CAHC says beneficiaries are already seeing increased premiums. This year average premiums for standalone Part D plans (PDPs) increased by an average of 21.5%, an increase CAHC says is the largest yet for PDP...