Biden Admin Anticipates Lower Vaccine Costs for Seniors

Insulin price cap also touted

Director of the White House Domestic Policy Council Susan Rice speaks at the United We Stand Summit in the East Room of the White House in Washington, on Sept. 15, 2022. Jim Watson/AFP via Getty Images

Biden administration officials are projecting that seniors on Medicare Part D will save hundreds of millions of dollars on vaccines because of the 2022 reconciliation bill, also known as the Inflation Reduction Act (IRA).

Notably, the estimates don’t include COVID-19 vaccines, which fall under Medicare Part B.