Biden-Harris Admin’s Medicare Shock for Seniors
The Daily Signal
“We finally beat Medicare,” President Joe Biden claimed during his calamitous June 27 debate with former President Donald Trump.
The White House later clarified: “He meant to say that he beat big pharma.”
But seniors’ wallets are taking the beating.
Changes made to Medicare’s prescription drug coverage by the Biden-Harris administration and congressional Democrats—with not a single Republican vote—as part of the so-called Inflation Reduction Act are sending premiums sky-high, eliminating plans for at least 3 million seniors, and making it harder to access medications.
The data shows that under four years of Biden-Harris administration policies (plan years 2022 through 2025), the national average monthly premium paid by Medicare beneficiaries for stand-alone Part D prescription drug plans has increased by 57%.