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The law provides free coverage for vaccines under Medicare Part D and improves access to vaccines under Medicaid and the Children’s Health Insurance Program (CHIP).
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The law expands the Low-Income Subsidy program, a program that currently helps cover prescription drug costs for over 11,000 low-income Virginians with Medicare.In 2020, more than 36,000 Virginians with Medicare Part D spent more than $2,000 out-of-pocket on their prescription drugs.
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The law establishes a $2,000 cap on out-of-pocket costs for prescription drugs for seniors covered under Medicare Part D.The law allows Medicare to negotiate drug prices for seniors and people with disabilities-a provision Warner and Kaine have long fought to pass to lower prescription drug costs.