IRA Program

The Inflation Reduction Act (IRA) Program is a free-to-access, fully virtual, e-learning course.

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About the IRA Program

The Inflation Reduction Act (IRA) was signed into law in 2022. It is a significant piece of legislation, with a potentially profound impact on the US health care system and drug development landscape. A sound knowledge of the technical detail of the Act is needed before we can understand what its true influence may be.

Rather than speculating on its potential impact, in this Educational Program we explain the key IRA provisions as they relate to pharmaceutical payment and coverage. We aim to promote a common factual understanding the IRA’s provisions, equipping learners with the knowledge and information needed to support informed conversation and debate on its potential impacts.


This material was produced with financial support from PhRMA. The views expressed in these presentations are those of the speakers and do not necessarily reflect PhRMA’s views or positions. This material does not constitute legal advice – it represents the speakers’ best read of the Inflation Reduction Act of 2022, Public Law 117-169, and the CMS memo entitled “Medicare Drug Price Negotiation Program: Initial Memorandum, Implementation of Sections 1191-1198 [of the SSA for IPAY 2026] and Solicitation of Comments,” as of 15 March 2023.


Learning Outcomes

  • To understand the drug selection and price setting process to be enacted, starting in 2023.
  • To become familiar with the inflation rebate provisions of the IRA, and how these will apply to Medicare Part B and Part D drugs.
  • To understand the changes to Medicare Part D through the benefit redesign, as well as the other provisions of the IRA impacting cost sharing, premiums and subsidies.

Program Benefits

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Free of charge

Get free access to a curated learning journey delivered by leading international economic experts.

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Flexible learning

The bitesized and ondemand design of OHE’s elearning offerings make it easy to fit in around your other commitments.

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All you need is a screen and an internet connection to start your learning journey.

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Suitable for all

With expert guidance from basic terminology to technical application, all experience levels are catered for.

All modules are now available:


Introduction to the US Healthcare System | Drug Selection and Price Setting Process | Inflation Rebate Provisions | Medicare Part D Redesign and Other Provisions


Start your learning journey today.

If you are short on time, or would like to preview the content, you can download slide presentations from all the modules by providing your details below.

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