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The Inflation Reduction Act (IRA)

The Inflation Reduction Act (IRA)

The Medicare Inflation Reduction Act (IRA) of 2022 included several provisions to reduce out-of-pocket costs for Medicare Part D medicines. In 2026, $2,100 is the total maximum out-of-pocket cost many patients will pay for their covered Medicare Part D medicines and adjusted annually for inflation. This includes their annual deductible.

For more information on what this means and how to navigate these changes, visit Medicare.gov.

To learn more about enrolling in the Medicare Prescription Payment Plan, download the Medicare Postcard.

 

Explore the Medicare Prescription Payment Plan

The Medicare Prescription Payment Plan is a voluntary program for people with Medicare Part D that lets patients spread out their out-of-pocket prescription medicine costs over the calendar year, instead of paying them all at once.

For more information on the Medicare Prescription Payment Plan and how to opt in, review your Medicare Part D healthcare plan directly or visit Medicare.gov/prescription-payment-plan.

To learn more from Pfizer, download the Medicare Prescription Payment Plan Enrollment Postcard.

 

Still need help? Apply for support through the Pfizer Patient Assistance Program.

If you’re already enrolled in the Medicare Prescription Payment Plan and support from alternate funding resources or Medicare Extra Help is not available, you may be eligible to enroll in the Pfizer Patient Assistance Program.

The Pfizer Patient Assistance Program provides Pfizer medicines for free to eligible patients who are having difficulty affording certain prescribed Pfizer medicines.

To qualify, patients must be uninsured or insured through a government program and unable to afford their out-of-pocket prescription costs. Government insurance includes, but is not limited to, Medicare, Medicaid, Champus/TRICARE, and Veterans Affairs health care. Patients with commercial insurance (eg, insurance through a job or through a Federal Employer Plan), regardless of commercial insurance plan, are not eligible.

Additional eligibility requirements may apply, to learn more, click here. 

The Pfizer Patient Assistance Program is a joint program of Pfizer Inc. and the Pfizer Patient Assistance Foundation™. Free medicines from Pfizer are provided through the Pfizer Patient Assistance Foundation™. The Pfizer Patient Assistance Foundation™ is a separate legal entity from Pfizer Inc. with distinct legal restrictions.

 

What to Expect After You Apply

After you submit your enrollment form, our team will start searching for other financial support options that might be helpful to you. We may contact you if we need more information or want to share additional resources. Be sure to write down any questions you have about the process or what happens next.

View our other resources

For Patients
For Patients
For Caregivers
For Caregivers
For Healthcare Providers  & Office Staff
For Healthcare Providers & Office Staff

Need further assistance?

Contact us at 1-844-989-PATH (7284) for New Patients.
Contact us at 1-866-706-2400 for Enrolled PAP Patients.