{"id":59127,"date":"2024-03-30T22:02:19","date_gmt":"2024-03-30T21:02:19","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/drug-prices-decline-thanks-to-president-biden-notes-ahf\/"},"modified":"2024-03-30T22:02:19","modified_gmt":"2024-03-30T21:02:19","slug":"drug-prices-decline-thanks-to-president-biden-notes-ahf","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/drug-prices-decline-thanks-to-president-biden-notes-ahf\/","title":{"rendered":"Drug Prices Decline Thanks to President Biden, Notes AHF"},"content":{"rendered":"<div>\n<p>WASHINGTON&#8211;(BUSINESS WIRE)&#8211;<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aidshealth.org%2F&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=AIDS+Healthcare+Foundation&amp;index=1&amp;md5=e7f478ac765cb9e4e67ca584ebfa188c\" rel=\"nofollow noopener\" shape=\"rect\">AIDS Healthcare Foundation<\/a> (AHF) applauds the Biden administration\u2019s continued efforts to lower prescription drug prices for all Americans. Thanks to the Inflation Reduction Act (IRA), Medicare enrollees and the federal government will benefit from significant savings on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.hhs.gov%2Fabout%2Fnews%2F2024%2F03%2F26%2Fhhs-announces-savings-41-prescription-drugs-thanks-inflation-rebates-from-biden-harris-administrations-lower-cost-prescription-drug-law.html&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=41+prescription+drugs&amp;index=2&amp;md5=58a87ea548af0c6794bf5ca13decbca8\" rel=\"nofollow noopener\" shape=\"rect\">41 prescription drugs<\/a> from April 1 \u2013 June 30, 2024. Multiple provisions in the law bend the prescription drug cost curve down. The U.S. Department of Health and Human Services announced that over 763,000 Medicare beneficiaries will start seeing lower drug prices beginning April 1.<\/p>\n<p>\n\u201cThe Medicare Prescription Drug Inflation Rebate Program, the provision responsible for the much-needed savings, slows the rise of prescription drug price increases and shores up the Medicare trust fund. Without the IRA, drug companies could continue price gouging American taxpayers. Simply stated, drug companies can avoid these inflationary rebates by not jacking up prices higher than the rate of inflation,\u201d said <b>John Hassell<\/b>, AHF\u2019s national director of advocacy.<\/p>\n<p>\nAHF is confident that the IRA\u2019s drug pricing provisions will continue to reduce Americans\u2019 out-of-pocket costs for prescription drugs and urges the administration to continue its fight against powerful interests that put profits over health outcomes.<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aidshealth.org%2F&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=AIDS+Healthcare+Foundation&amp;index=3&amp;md5=7acfd7627b463fa16a8b61eeed074a3b\" rel=\"nofollow noopener\" shape=\"rect\"><b>AIDS Healthcare Foundation<\/b><\/a><b> <\/b>(AHF), the world\u2019s largest HIV\/AIDS healthcare organization, provides cutting-edge medicine and advocacy to more than 1.9 million individuals across 46 countries, including the U.S. and in Africa, Latin America\/Caribbean, the Asia\/Pacific Region, and Eastern Europe. To learn more about AHF, visit us online at <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aidshealth.org%2F&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=AIDShealth.org&amp;index=4&amp;md5=dc27f848e1c237a22ebb23f5e772bb52\" rel=\"nofollow noopener\" shape=\"rect\">AIDShealth.org<\/a>, find us on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2Faidshealth&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=2ccbdfb8c74bf8d18ca0822d59669610\" rel=\"nofollow noopener\" shape=\"rect\">Facebook<\/a>, follow us on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Faidshealthcare%2F&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=Instagram&amp;index=6&amp;md5=466ede4fdd51f6e8ecc3710586488521\" rel=\"nofollow noopener\" shape=\"rect\">Instagram<\/a>, <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Faidshealthcare&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=Twitter&amp;index=7&amp;md5=bf7942a1ae52639e7ed94eee3d139a66\" rel=\"nofollow noopener\" shape=\"rect\">Twitter<\/a>, and <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tiktok.com%2F%40aidshealthcare&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=TikTok&amp;index=8&amp;md5=265754584e0e58800cbc2afdd3ba7d79\" rel=\"nofollow noopener\" shape=\"rect\">TikTok<\/a>, and subscribe to our <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fahf.org%2Fahfter-hours&amp;esheet=53917514&amp;newsitemid=20240330492880&amp;lan=en-US&amp;anchor=AHFter+Hours&amp;index=9&amp;md5=b18a5461974f51fdc5e6ab1ab6b7aa02\" rel=\"nofollow noopener\" shape=\"rect\">AHFter Hours<\/a> podcast.<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nGed Kenslea, AHF Sr. Comms Dir.<br \/>\n<br \/>(323) 791-5526<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;&#x61;i&#108;&#x74;o&#58;&#x47;e&#x64;&#x2e;&#75;&#x65;n&#115;&#x6c;e&#97;&#x40;a&#x68;&#x66;&#46;&#x6f;&#x72;&#103;\" rel=\"nofollow noopener\" shape=\"rect\">Ged&#46;&#75;&#101;&#x6e;&#x73;&#x6c;&#x65;&#x61;&#x40;ahf&#46;&#111;&#114;&#103;<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON&#8211;(BUSINESS WIRE)&#8211;AIDS Healthcare Foundation (AHF) applauds the Biden administration\u2019s continued efforts to lower prescription drug prices for all Americans. Thanks to the Inflation Reduction Act (IRA), Medicare enrollees and the federal government will benefit from significant savings on 41 prescription drugs from April 1 \u2013 June 30, 2024. Multiple provisions in the law bend the &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/drug-prices-decline-thanks-to-president-biden-notes-ahf\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-59127","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Drug Prices Decline Thanks to President Biden, Notes AHF - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/drug-prices-decline-thanks-to-president-biden-notes-ahf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Drug Prices Decline Thanks to President Biden, Notes AHF - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON&#8211;(BUSINESS WIRE)&#8211;AIDS Healthcare Foundation (AHF) applauds the Biden administration\u2019s continued efforts to lower prescription drug prices for all Americans. 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