The Inflation Reduction Act of 2022 makes sure that Big Pharma is not taking advantage of you. Well, at least not as much as usual.

Pharmaceutical companies are not allowed to increase the price of their drugs faster than the rate of inflation. Starting on January 1, 2023, the federal government started to track Part B drug prices quarterly (every 3 months). Any overcharges that happen during the quarter will need to be paid back to Medicare. You will see the benefit as an inflation rebate the NEXT quarter.

The money does not go to you directly. Instead, your 20% Part B coinsurance will be decreased by the appropriate amount. For example, from October to December, you will only pay a coinsurance of 13.158% if you take Fragmin.

Inflation Rebate Applied October 1 – December 31, 2023

Based on Quarter 3 Drug Prices (July 1 – September 30, 2023)

• Amount of Inflation Rebate: $1 – $618 per dose depending on the drug
• Number of Drugs Affected: 34

Drugs A – G	Drugs H – P	Drugs Q – Z
Adcetris (Seagen) Aggrastat (Medicure) Akynzeo (Helsinn) Atgam (Pfizer) Bicillin C-R (Pfizer) Bicillin L-A (Pfizer) Blincyto (Amgen) Chirhostim (ChiRoClin) Cresemba (Astellas) Crysvita (Kyowa Kirin) Fragmin (Pfizer)	Humira (AbbVie) Hypertet (Grifols) Imlygic (BioVex) Infugem (Sun Pharma) Leukine (Partner Therapeutics) Lupron Depot-PED (AbbVie) Minocin (Valeant) Nipent (Pfizer) NPlate (Amgen) Oncaspar (Servier) Padcev (Astellas) Panhematin (Recordati) Pemetrexed (Eli Lilly)	Romidepsin (Celgene) Rybrevant (Janssen Biotech) Signifor LAR (Recordati) Sotalol (Berlex) Sylvant (Recordati) Synribo (Teva) Vabomere (Melinta) Vectibix (Amgen) Xiaflex (Endo International) Zemdri (Cipla)

Prior Quarters

• 2023 – Inflation Rebates April – June
• 2023 – Inflation Rebates July – September

Inflation Rebates in Medicare. (2023). Centers for Medicare and Medicaid Services. https://www.cms.gov/inflation-reduction-act-and-medicare/inflation-rebates-medicare

Reduced Coinsurance for Certain Part B Rebatable Drugs under the Medicare Prescription Drug Inflation Rebate Program: Applicable October 1 – December 31, 2023. (2023). Centers for Medicare and Medicaid Services. https://www.cms.gov/files/document/reduced-coinsurance-part-b-rebatable-drugs-oct-dec-2023.pdf