(KMAland) — A new report from AARP Iowa predicts thousands of seniors on Medicare Part D in the state will save money on their prescriptions, thanks to a cap on out-of-pocket expenses set to take effect next year.
The limit is part of the Inflation Reduction Act. The report says more than 27,000 Iowans will see their annual out-of-pocket prescription drug costs capped at $2,000.
AARP Iowa’s Advocacy Manager Paige Yontz said right now, some Iowa seniors are forced to use cost-coping strategies – like not filling a prescription or skipping doses – to save money…