This is a news story, published by USA Today, that relates primarily to Medicare news.
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seniors drug expensesUSA Today
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85% Informative
The cap will reduce out-of-pocket spending for potentially millions of older Americans in Medicare Part D.
The cap is part of the Inflation Reduction Act , the 2022 federal climate and health care bill.
It would take an act of Congress to overturn the cap, but the incoming Trump administration could influence how it is administered.
Medicare plans might try to manage expenses by limiting their formularies of drugs people can access.
The federal law also lowers insulin prices, covers vaccines.
Medicare recipients won't pay out-of-pocket costs for recommended vaccines such as shingles, whooping cough or tetanus.
VR Score
90
Informative language
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English
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Attention-grabbing headline
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4
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3
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