Democrats Trumpet Coming Savings From Health And Climate Law
Biden administration officials and Democratic lawmakers are hitting the road to promote the recently enacted Inflation Reduction Act in advance of the midterm elections — especially since much of the impact will not be felt by consumers until after November.
Los Angeles Times:
Democrats Launch Major Effort To Sell Inflation Reduction Act To Voters
Democratic lawmakers, members of President Biden’s Cabinet, and allied organizers and activists are kicking off a multipronged public relations campaign aimed at ensuring voters understand — and appreciate the benefits of — the $700-billion climate-change and drug-prices bill that Biden signed Tuesday. (Stokol and Vega, 8/19)
Houston Chronicle:
Biden’s White House Touts Medicare Savings For 3.2 Million Texans In Inflation Reduction Act
The administration released state-by-state projections as it begins touting its signature climate and health care spending package, which Democrats in Congress passed last week and the president signed into law Tuesday. Health and Human Services Secretary Xavier Becerra said the health care measures alone will have profound impacts for millions of Americans struggling to keep up with soaring prescription drug costs. (Blackman, 8/18)
More on the Inflation Reduction Act —
The Santa Barbara Independent:
What Does Inflation Reduction Act Mean For Californians?
For consumers in California, $9 billion is available for home energy rebates and 10 years of tax credits for appliances that are energy efficient. To start lowering the ever-increasing smog levels in this public-transportation-poor state, the bill offers up to $4,000 in tax credits for used clean-energy vehicles for low- and middle-income individuals and families. (Yamamura, 8/18)
Modern Healthcare:
What The Inflation Reduction Act Means For PBMs
Still, Medicare’s authority to now negotiate drug prices is an “indictment” of PBMs, which are supposed to manage costs for Medicare Part D enrollees, said Antonio Ciaccia, president of 3 Axis Advisors. Government officials, "through their actions, are saying, ‘You guys, we’re cutting it, and we can do better.' So from a PBM perspective, I think that this, in some ways, undercuts their value,” he said. (Berryman, 8/18)
AP:
Biden Bill To Help Millions Escape Higher Health Care Costs
As the calendar pushed closer to the Nov. 1 open enrollment date, Sara Cariano was growing nervous about her work helping people across Virginia sign up for subsidized, private health insurance on the HealthCare.gov website. “I expected very difficult conversation with folks to explain why their premiums were spiking,” said Cariano, a policy specialist at the Virginia Poverty Law Center. But the passage of the “Inflation Reduction Act” erased those worries. (Seitz, 8/19)
NPR:
Inflation Reduction Act Tackles Climate But Could Hurt Marginalized People
But not everyone will feel the benefits of the new bill equally, analysts and advocates warn. People living in neighborhoods that are already dealing with a lot of pollution fear they will face more harm and climate risk, not less. And that could deepen existing environmental inequalities and lock in decades of unnecessary illness and suffering for people who are already marginalized. (Hersher, 8/17)
KHN:
KHN’s ‘What The Health?’: Wrapping Up Summer’s Health News
Congress and President Joe Biden are officially on summer vacation, but they left behind a lot of health policy achievements. The president returned this week from his South Carolina beach retreat to sign the Inflation Reduction Act, which, among other things, allows Medicare to negotiate drug prices for the first time. (8/18)
