Becker's Healthcare August 10, 2022
Jakob Emerson

In the wake of Senate Democrats passing a $739 billion piece of legislation Aug. 7 that makes major investments in healthcare, taxes and energy, payers across the nation reacted with overall approval.

The Inflation Reduction Act, which heads to the House Aug. 12, will invest $64 billion to extend the Affordable Care Act’s premium subsidies through 2025. The bill would also allow Medicare to begin negotiating the prices of certain medications and set a $2,000 annual limit on out-of-pocket costs for drugs paid by individuals with Medicare Part D.

Four statements released by payer groups:

AHIP President and CEO Matt Eyles:
“Every American deserves access to affordable coverage and high-quality care, and the Senate’s action will continue vital support that millions...

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Topics: Congress / White House, Govt Agencies, Insurance, Payer, Regulations
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