News|Articles|August 11, 2026

The Inflation Reduction Act and Oncology Drug Pricing: What Pharmacists Need to Know

Fact checked by: Nick Ferreyros, Ron Panarotti

IRA reshapes Medicare drug costs: Part B negotiations loom, pharmacies adapt, and patients gain Part D caps—see impacts on oncology care and access.

The Inflation Reduction Act (IRA) has been law since 2022, but its most consequential provisions for oncology are only beginning to arrive. With the first negotiated drug prices now in effect, Part B drug negotiations on the horizon for 2028, and growing evidence of upstream effects on drug development investment, the IRA is no longer a future policy concern—it is an active one.

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