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Part D program expenses rise for taxpayers, Michael Strain notes

Part D program expenses rise for taxpayers, Michael Strain notes
Medicare Part D costs climb with IRA

Michael Strain highlights concerns about the current state of the U.S. Medicare Part D market. According to Strain, the Inflation Reduction Act (IRA) has led to program expenses that are much larger than previously anticipated, with policymakers shifting these additional costs to taxpayers. Strain also indicates that phasing out temporary subsidies, which mask the true extent of rising costs, is a relevant issue for consideration.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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