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OCTOBER 19, 2023

Non-White Part D Beneficiaries and Low-Income Subsidy Recipients to Be Most Affected by IRA Spending Cap

By Karen Blum
ORLANDO, Fla.—Non-white Medicare Part D beneficiaries are among those who will be most affected by a $2,000 out-of-pocket (OOP) spending cap being instituted by the Inflation Reduction Act (IRA) in 2025, according to new research presented at the AMCP Nexus 2023 meeting.