President of the United States
Since taking office in 2021, Biden has mapped an ambitious course on healthcare. This year, he signed the Inflation Reduction Act, which includes measures that empower Medicare to negotiate prices for 10 drugs beginning in 2026 and cap beneficiaries’ out-of-pocket drug costs at $2,000 per year and $35 per month for insulin. In addition, $64 billion would go to help defray health insurance premium costs for 13 million people on the Affordable Care Act exchanges. Biden has also vowed to clamp down on poor-performing nursing homes, to support research reducing cancer deaths by 50% over 25 years, and to boost federal healthcare spending for public health infrastructure, mental health services and maternal care.