Inflation Reduction Act: Reforms to patient cost-sharing

September 18, 2023
Hospital, Surgical light, on

This is part three of a three-part series published in Managed Healthcare Executive.

The Inflation Reduction Act (IRA) of 2022 contains some of the most significant changes in healthcare regulation since the introduction of the Medicare Modernization Act of 2003. There are many healthcare-related policy changes contained in the IRA, which can be categorized into three major sections: expansion of patient access to affordable insurance, adjustments to medication pricing and reimbursement and reforms to patient cost sharing.

You can read the first two installments of our review of the IRA here and here.

In this installment, we are covering several reforms to patient cost-sharing for Medicare Part D Plans (PDP) and Medicare Advantage Prescription Drug (MA-PD) Plans.