this post was submitted on 15 Aug 2024
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Small clarification, but we're seeing it because democrats passed the Inflation Reduction Act, which I will note that not a single republican voted for.
Yes, that is the act that empowered Medicare to begin negotiating prices but the Medicare Modernization Act, passed in 2003, barred it from negotiating prices ~~for twenty years. The MMA expired last year, lifting the ban.~~
I am incorrect, see @Midnitte's comment below
The MMA didn't expire, it was overwritten by the Inflation act:
Ah, thank you for correcting me