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  2. A 2023 survey by the KFF health research firm found that 11% of Medicare beneficiaries delayed or went without their prescription drugs in the previous year due to cost.

  3. Medicare's $2,000 prescription drug cap expected to bring ...

    www.aol.com/medicare-2-000-prescription-drug...

    She co-wrote an analysis that found about 1.5 million people on Medicare had out-of-pocket prescription drug costs exceeding $2,000 in 2021 and would have benefited from the cap. Of the 1.5 ...

  4. Here's what to know about Medicare's new $2,000 prescription ...

    www.aol.com/news/heres-know-medicares-2-000...

    Millions of Medicare enrollees are likely to see relief in 2025 when a $2,000 cap on out-of-pocket prescription drug-spending goes into effect.

  5. Prescription drug prices in the United States - Wikipedia

    en.wikipedia.org/wiki/Prescription_drug_prices...

    In 2003, data from the Medical Expenditure Panel Survey showed that only 9.5% of Americans with Medicare coverage had no prescription drug expenses, while 61.6% had prescription drug expenses up to $2,083, and 28.9% of those on Medicare had expenses higher than $2,084.

  6. Medicare Prescription Drug, Improvement, and Modernization Act

    en.wikipedia.org/wiki/Medicare_Prescription_Drug...

    After the enactment of Medicare Prescription Drug, Improvement, and Modernization Act in 2003, only insurance companies administering Medicare prescription drug program, not Medicare, would have the legal right to negotiate drug prices directly with drug manufacturers.

  7. Independent Payment Advisory Board - Wikipedia

    en.wikipedia.org/wiki/Independent_Payment...

    The Independent Payment Advisory Board (IPAB) was to be a fifteen-member United States government agency created in 2010 by sections 3403 and 10320 of the Patient Protection and Affordable Care Act which was to have the explicit task of achieving specified savings in Medicare without affecting coverage or quality.