Seniors Notified of Health Benefits via Inflation Reduction Act

TL/DR - The Inflation Reduction Act aims to lower drug prices for seniors, with key provisions including free vaccines, a $35 monthly cap on each covered insulin, and a cap on out-of-pocket prescription drug costs which will drop to $2,000 next year. Further provisions discussed at a roundtable event hosted by Rep. Lisa Blunt Rochester included…

Rural Hospitals Struggle as Drug Discount Program Hurdles Surge

TL/DR - US lawmakers are proposing fixes to a federal program created to prevent rural hospital closures, including allowing older closed facilities to reopen and enabling rural emergency hospitals to use the 340B federal drug discount program. The 340B program allows eligible hospitals to buy drugs at a discount and then charge insurance…

Former Navy Admiral Arrested in Massive Bribery Scandal

TL/DR - Retired Navy admiral Robert Burke was arrested for alleged bribery involving a government contract. He is accused of awarding a contract to business executives Yongchul “Charlie” Kim and Meghan Messenger in exchange for future employment at their company, NextJump. Kim and Messenger were also arrested for their involvement, and if…

Inflation Act’s Broken Promises Affect Florida’s Elderly

TL/DR - The Inflation Reduction Act (IRA) signed by President Biden in 2022, which was intended to reduce Medicare costs for seniors, has instead resulted in a 21% increase in Medicare Part D premiums for Florida seniors. The Act gave Medicare officials the power to set prices on more covered medicines; however, this provision was designed to…