The health policy reform is part of the Democrats' Inflation Reduction Act, which could aid 48 million Medicare recipients.
The limited plan would, for the first time, give Medicare the power to negotiate prices directly with pharmaceutical companies.
The cost of the newly approved treatment will be about $56,000 a year, much of it paid for by Medicare.
Among the many issues fighting for space on the political agenda is a Biden campaign promise to lower expand access Medicare.
Medicare’s hospital insurance trust fund is projected to become insolvent sooner than expected — within three to five years.
The list includes dwindling trust funds for Social Security and Medicare and potential bubbles in the housing and stock markets.
A federal judge has issued an injunction to the Medicare rule change, saying the administration rushed it through.
Will a surge in enrollments prompted by the pandemic mean cuts to benefits?
Some supplemental plans offer benefits that are related to health care, like access to meal delivery services or transportation to medical appointments.
A quarter of adults in their 50s and early 60s worry about paying for health insurance.