Becker's Healthcare August 8, 2022
Molly Gamble

With a 51-50 vote, Senate Democrats passed a sweeping $739 billion bill Aug. 7 that furthers some of the largest changes to healthcare in years.

Titled the Inflation Reduction Act, the bill touches energy, tax reform and healthcare. The House is expected to take it up Aug. 12, with Democrats aiming to approve it and send it to President Joe Biden’s desk.

Here are seven healthcare takeaways from the 755-page bill:

Drug pricing

1. For the first time, Medicare would be allowed to negotiate the price of prescription medicines with manufacturers. Negotiation powers will apply to the price of a limited number of drugs that incrementally increases over the next seven years. Ten drugs will be eligible for...

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Topics: ACA (Affordable Care Act), Biotechnology, Congress / White House, Govt Agencies, HHS, Insurance, Medicare, Pharma, Pharma / Biotech, Regulations
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