The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans.

President Joe Biden’s Inflation Reduction Act, which passed in a party-line vote last year, gave Medicare the power to directly hash out drug prices with manufacturers for the first time in the federal program’s nearly 60-year history. The agreed-upon prices for the first round of drugs are scheduled to go into effect in 2026.

  • 🐱TheCat
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    01 year ago

    Which generation accounts for all the 80 year olds in congress? They’re mysteriously missing from your ranges

    • @schroedingershat
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      1 year ago

      Anyone who is 89 or younger was 9 when wwii ended. They did not fight in wwii. You are talking about some combination of silent generation and baby boomers.

      Most if the US government is baby boomers or gen x. Only a handful are over 77

    • @[email protected]
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      21 year ago

      Baby boomers are post WWII when all the soldiers came home so roughly 1945 on which would put the elder boomers at 78 and octogenarians in “the greatest generation.”