An article in DC Journal referenced CAHC’s research on rising Medicare Part D premiums.
Monthly premiums for Medicare Part D drug plans have surged significantly following the implementation of the IRA. According to the Kaiser Family Foundation, premiums for Medicare prescription drug plans rose by 21 percent in the first year after the law was enacted. The Council for Affordable Health Coverage anticipates a potential additional increase of more than 50 percent next year. At the same time, the number of Part D plan options available to seniors has plummeted.