Originally published by our sister publication Specialty Pharmacy Continuum
By Karen Blum
LAS VEGAS—The Inflation Reduction Act is “probably the biggest change in payment policy for drugs covered by Medicare,” speakers said during Asembia’s AXS23 Summit. As such, it’s important to understand its ramifications, they added.
The law, signed by President Joe Biden in August 2022, has three main provisions that relate to drug pricing, said Matt Kazan, the managing director