# 046 - "Inflation Reduction Act" with Sarfaraz Niazi

- Show: [Let's Combinate](https://hardwarepodcasts.com/podcast/lets-combinate)
- Published: 2022-08-17
- Length: 32m
- Page: https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi
- Listen: https://podcasters.spotify.com/pod/show/letscombinate/episodes/046---Inflation-Reduction-Act-with-Sarfaraz-Niazi-e1mc6kl

## Summary

Dr. Sarfaraz Niazi, founder of Pharmaceutical Scientist Inc. and Adello Biologics, explains the provisions of the Inflation Reduction Act, specifically the $2,000 out-of-pocket cap for Medicare Part D and the $35 monthly cap on insulin. He clarifies that the bill allows CMS to negotiate prices for 10 drugs rather than imposing price controls, arguing this will not harm pharmaceutical profits or innovation. Niazi also discusses the distinction between Medicare and private insurance reimbursement models and advocates for extending insulin caps to private markets.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=0) Introduction and Bill Overview
- [7:21](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=441) Medicare Part D Cap and Insulin Pricing
- [11:10](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=670) Medicare vs. Private Insurance and Drug Negotiation
- [16:32](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=992) Inflation, Rebates, and Healthcare Spending
- [23:25](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=1405) Future Agenda and Biosimilars
- [29:43](https://hardwarepodcasts.com/podcast/lets-combinate/2022-08-17-046-inflation-reduction-act-with-sarfaraz-niazi#t=1783) Reading the Source Text

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)

## Most relevant to

established companies

## Mentioned

- Inflation Reduction Act (other)
- CMS (other)
- Medicare (other)
- Affordable Care Act (other)
- Pharmaceutical Scientist Inc. (company)
- Adello Biologics (company)
- Kashiv Biosciences (company)
- MayaBio (product)

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- [HIBT Lab! Mark Cuban Cost Plus Drug Company: Mark Cuban](https://hardwarepodcasts.com/podcast/how-i-built-this/2022-06-16-hibt-lab-mark-cuban-cost-plus-drug-company-mark-cuban) (How I Built This)

## Citing this page

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