‘An Arm and a Leg’: The New Cap on Medicare Drug Costs

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On a Sunday afternoon in August, well being providers researcher Stacie Dusetzina was sitting alone in her workplace at Vanderbilt College, watching C-SPAN and crying.

The U.S. Senate was voting on the Inflation Discount Act, which amongst different issues is designed to make sure that folks on Medicare pay much less for costly medication.

It’s a giant deal. A lot of seniors pay $10,000 a yr or extra for medication or do with out lifesaving remedy; as soon as the brand new regulation kicks in, it units an out-of-pocket restrict of $2,000 a yr. 

Dusetzina and her colleagues have spent years making the case for this transformation, documenting the methods present insurance policies go away folks within the lurch. 

The pharmaceutical trade fought this transformation tooth and nail — for many years. Julie Rovner, chief Washington correspondent for KHN, takes listeners on a journey again to the late Eighties, when Congress realized the price of messing with Massive Pharma. 

“An Arm and a Leg” is a co-production of KHN and Public Street Productions.

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