%0 Journal Article %T The Inflation Reduction Act: Implications for Medicare spending and access to biologic therapies for chronic rhinosinusitis with nasal polyposis and asthma. %A Rathi VK %A Soler ZM %A Schlosser RJ %A Workman AD %A Chapurin N %A Rowan NR %A Dusetzina SB %J Int Forum Allergy Rhinol %V 14 %N 7 %D 2024 Jul 11 %M 38465800 %F 5.426 %R 10.1002/alr.23344 %X CONCLUSIONS: In 2021, Medicare spending on biologics was $926 million in Part B (FFS) and $1.3 billion in Part D (FFS/MA). Between 2017 and 2021, annual Medicare spending on biologics increased by approximately 200%. Between 2023 and 2025, Medicare Part D OOP costs for biologics will decrease by an estimated 50%-60%.