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An analysis finds this small handful of drugs accounts for more than a third of all Medicare prescription drug spending. Image Point Fr / Shutterstock.com
Medicare enrollees, who often get by on a fixed income, are still responsible for part of the cost of their prescription drugs. It can add up to several thousand dollars each year. And many of the most commonly used drugs under Medicare see exorbitant price increases over time. After passage of the Inflation Reduction Act of 2022, the federal government plans to renegotiate some of those prices.
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