Workweek July 30, 2022
Democratic leaders agreed on a $433 billion spending package to combat climate change and lower healthcare costs. While the legislation isn’t approved just yet, it’s a significant step in the right direction to address climate change and curb rising healthcare costs.
THE DEETS
The Inflation Reduction Act of 2022 tackles three healthcare areas: climate change, drug pricing and insurance subsidies. Overall, the legislation is intended to save $305 billion over the decade, but below are the costs and savings for the health-related areas.
I talked last week about climate change’s impact on health. In this legislation, the government will provide tax rebates for Americans who make their homes more efficient and give tax credits for low- and middle-income...
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