IRA Part D Redesign – Market Impact & Unintended Consequences
The Inflation Reduction Act’s (IRA) Part D redesign provisions went into effect onJanuary 1, 2025, fundamentally restructuring cost-sharing corridors and upsetting themarketplace. By increasing plan and manufacturer liability, particularly in thecatastrophic phase, this legislation intended to lower the financial burden onbeneficiaries. When the IRA passed, the commonly held hypothesis in the marketplace was that Part […]