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Senate Finance Committee Chair Wyden Cheers Lower Drug Costs for Seniors Due to Inflation Rebate
March 16, 2023
WASHINGTON, March 16 -- Sen. Ron Wyden, D-Oregon, chairman of the Senate Finance Committee, issued the following news release on March 15, 2023:

Senate Finance Committee Chair Ron Wyden, D-Ore., today cheered a Biden administration announcement showing that seniors will pay less for 27 drugs in Medicare Part B due to the Inflation Reduction Act's inflation rebate policy, which penalizes drug manufactures when they increase prices faster than the rate of inflation.

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