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Inflation Reduction Act Research Series: Projected Impacts for Rural Medicare Enrollees

Publication Date
Arielle Bosworth, Bisma A. Sayed, Yevgeniy Feyman, Rachael Zuckerman, Nancy De Lew and Thomas Buchmueller

The Inflation Reduction Act (IRA) is helping people with Medicare, including over 8 million Part D enrollees who reside in rural areas. This fact sheet outlines the potential impacts of the IRA’s key drug-related provisions for rural Medicare enrollees. Our review shows that in 2020, about 281,000 rural enrollees would have benefitted from the IRA’s $35 insulin cap and in 2021 about 481,000 rural enrollees would not have had any out-of-pocket costs for recommended Part D covered adult vaccines. Under the IRA’s Part D redesign, about 289,000 rural enrollees who do not receive financial assistance are projected to save $1,000 or more in 2025. Additional benefits are expected for this population from other IRA drug-related provisions.

*This content is in the process of Section 508 review. If you need immediate assistance accessing this content, please submit a request to Arielle Bosworth, Content will be updated pending the outcome of the Section 508 review.

Product Type
Fact Sheet
Underserved Populations
Medicare | Medicare Part D