New Study Underscores IRA’s Successes, Opportunities for Future Reforms

New Study Underscores IRA’s Successes, Opportunities for Future Reforms

A recent JAMA article found two key Inflation Reduction Act (IRA) prescription drug provisions that took effect in 2024—the elimination of coinsurance for catastrophic coverage and the expansion of the Part D low-income subsidy—improved medication adherence among Medicare beneficiaries. The authors compared the experiences of adults with Medicare Part D to those with private insurance. Using data from 2021 to 2024, the authors compared the exper…