“Starting in 2025 "no matter what your total bills are for prescription drugs,” Medicare Part D users will never pay “more than $2,000 a year, because some of these cancer drugs are 10(,000 to) 15,000 bucks a year.”
Joe Biden
president. Claim dated 9 Apr 2024.
PolitiFact rated thisMostly True
What PolitiFact found
President Joe Biden signed a law in 2022 that will cap prescription drugs at $2,000 a year by 2025 for people who have the prescription drug benefit, Medicare Part D.
Their words, from the summary they publish with the rating.
In short
Joe Biden (president) made this claim around 9 April 2024. PolitiFact (United States) looked into it and published its finding on 18 April 2024, 9 days later. Its rating was “Mostly True”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.