2min chapter

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Inflation Reduction Actually

Planet Money

CHAPTER

Affordable Care Act - Is the Drug Industry Squeezing on One End of the Balloon?

Under the Affordable Care Act, drug companies can't just raise prices elsewhere. The law also has a ton of spending in it, including on healthcare. For example, people covered by Medicare will pay at most $2,000 in any given year. To former CBO McCain guy, this is long time coming.

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