Biden drug cost cap will save seniors about $1,100 a year, AARP study finds

More than a million U.S. seniors will save $1,100 in prescription drug costs every year under a provision in the 2022 Inflation Reduction Act, according to a new report released Wednesday. The report was conducted by AARP, which lobbied for the passage of the Inflation Reduction Act in 2022. Under the provision, out-of-pocket...