💊 Cancer Patients Save Thousands Thanks to Rx Law (AARP Article)

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FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!

Rx Drug Law Saves Some Cancer Patients More Than $7,000 in 2024.

New out-of-pocket spending limit results in real savings for people taking oral chemotherapies.

By Rachel Nania, AARP. Published September 17, 2024.

Many people who are taking oral chemotherapy drugs to help treat their cancer are saving thousands of dollars this year on their medication, new research shows.

In 2023, people with a Medicare prescription drug plan paid, on average, more than $11,000 in out-of-pocket expenses for certain chemotherapy pills that can be taken at home. But thanks to the new prescription drug law that limits out-of-pocket costs at the pharmacy counter for people with a Part D plan, patients are saving a median of $7,260 on these medications in 2024, according to a study published in the journal JAMA Network Open — and the savings are expected to grow in 2025.

https://www.aarp.org/health/drugs-supplements/info-2024/lower-cancer-drug-prices.html