FACT SHEET: President Biden Takes Action to Lower Health Care and Prescription Drug Costs for Americans

To mark the start of Medicare Open Enrollment season, President Biden will travel to Irvine, California, on October 14th and Portland, Oregon, on October 15th to highlight how seniors can take advantage of the Inflation Reduction Act’s cost-saving provisions as they shop for new health insurance plans. The President will also sign an Executive Order directing the Department of Health and Human Services to explore additional actions it can take to lower prescription drug costs to build on his Administration’s work lowering costs for working and middle-class families.

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