Inflation Reduction Act: The Real Healthcare Agenda

The Inflation Reduction Act  was recently passed by Congress and Signed by President Biden.  

This new law has several healthcare changes:

1) ACA Marketplace Plans (aka Obamacare Plans) will have continued increased subsidies for 3 more years through 2025

2) Medicare will be able to negotiate drug prices for 10 drugs starting in 2026

3) Medicare Part D prescription coverage will have many changes to limit price increases, out-of-pocket costs and premium increases.

4) The Removal of the Anti-Kickback Statute Safe Harbor for Pharmacy Benefit Managers has been further delayed from 2027 to 2032.

All of these changes make Traditional Medicare more attractive, which is part of an overall strategy of many politicians to expand Medicare coverage to more Americans.

President Biden has previously said that he would like Medicare coverage to start at age 60 instead of the current age of 65.

Sources:
https://www.kff.org/medicare/issue-br...

https://www.commonwealthfund.org/blog...

https://www.npr.org/sections/health-s...

https://www.pbgh.org/historic-drug-le...

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