Washington Examiner August 16, 2023
By Gabrielle M. Etzel, Healthcare Reporter

President Joe Biden‘s Inflation Reduction Act, passed one year ago Wednesday, holds several key provisions aimed at tackling the affordability crisis in medicine that have already begun to shape the future of the healthcare industry.

Four central elements of the 274-page law passed in 2022 address central areas of rising healthcare costs: Medicare drug pricing, insulin costs, vaccine coverage under Medicaid and the Children’s Health Insurance Program, and Obamacare insurance subsidies.

Although not all provisions of the law have taken effect yet, Democrats up and down the ticket are likely to use the healthcare provisions of the IRA as a talking point in the 2024 election cycle for its efforts to reduce healthcare costs for working families.

New polling data...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

Continue Reading

 
Topics: ACA (Affordable Care Act), Biotechnology, Congress / White House, Govt Agencies, HHS, Insurance, Medicaid, Medicare, Patient / Consumer, Pharma, Pharma / Biotech, Provider
Related Articles:
What to know about Trump's surgeon general nominee
President-elect Trump's picks for CDC, FDA, surgeon general: 31 notes
Trump's pick for CDC director: 10 things to know
Trump tariffs could drive up generic drug costs: 5 takeaways
Senators urge Congress to avert Medicare physician pay cut

Share This Article