Under the Inflation Reduction Act, Medicare enrollees will benefit from price reductions on prescription drugs, with the first wave of price controls taking effect next year and additional drugs covered in 2025, resulting in significant savings for older Minnesotans.
Mike Moen
MN poised to establish standardized minimum wage
Minnesota is set to eliminate minimum wage carveouts for certain groups of workers, raising the minimum wage to $10.85 an hour and increasing the cap on annual wage adjustments tied to inflation from 2.5% to 5%.
