Medicare Costs Surge 45% for Floridians

TL/DR –

The Inflation Reduction Act is expected to cause Medicare Part D prescription drug premiums to increase by up to 45% in Florida. This acts contradicts previous statements made by Soto who praised the act, claiming it as a victory for Florida families and a tool to keep healthcare costs down. However, the act will instead make medication more expensive, particularly affecting senior citizens on fixed incomes.


Florida Faces Medicare Part D Prescription Drug Premiums Rise due to Inflation Reduction Act

December 19, 2023

The Inflation Reduction Act is set to cause a significant increase in Medicare Part D prescription drug premiums, with up to a 45% rise predicted in Florida, as discovered by a recent study.

Despite previously applauding the IRA as a “historic victory for Florida families and our planet,” Soto’s comments now seem misplaced as the Act is instead driving up healthcare costs for Floridians.

“Darren Soto’s extreme inflationary agenda is hitting senior citizens on fixed incomes the hardest. Prescription drugs may soon become unaffordable.” – NRCC Spokeswoman Delanie Bomar


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