{"id":2111,"date":"2022-08-15T21:19:32","date_gmt":"2022-08-15T21:19:32","guid":{"rendered":"http:\/\/ctcps.org\/blog\/?p=2111"},"modified":"2022-08-15T21:20:17","modified_gmt":"2022-08-15T21:20:17","slug":"how-the-inflation-reduction-act-reduces-health-care-costs","status":"publish","type":"post","link":"https:\/\/blog.ctcps.org\/?p=2111","title":{"rendered":"How the Inflation Reduction Act Reduces Health Care Costs"},"content":{"rendered":"<div class=\"header2-brow\"><span class=\"label1 -t:16\"><span class=\"label1-main\"><strong>CAP<\/strong> American Progress ARTICLE<\/span><\/span>\u00a0<time class=\"-t:9 -tt:u -c:d2t\" datetime=\"2022-08-12\">AUG 12, 2022<\/time>\u00a0 Nicole Rapfogel &amp; Emily Gee<\/div>\n<div class=\"header2-wrap\">\n<div class=\"header2-main\">\n<p class=\"header2-intro -t:12\">The Inflation Reduction Act\u2019s health insurance subsidies and drug pricing reforms will improve health care affordability for Americans.<\/p>\n<p>The Inflation Reduction Act, when passed by the House of Representatives and signed into law by President Joe Biden, will give a lifeline to people struggling with health costs by providing much-needed financial relief for the health coverage and medications they need to survive and thrive. The bill improves health care and affordability by:<\/p>\n<ul>\n<li>Empowering Medicare to negotiate with drug companies to lower prices<\/li>\n<li>Preventing drug companies from raising Medicare prices in excess of inflation<\/li>\n<li>Setting a new cap for Medicare beneficiaries on annual out-of-pocket costs for drugs, plus a $35 monthly cap on insulin cost sharing<\/li>\n<li>Providing more generous subsidies for health insurance marketplace coverage, thereby granting financial help to middle-class families facing high premiums and guaranteeing that lower-income people have a $0 premium plan option<\/li>\n<li><a href=\"https:\/\/www.americanprogress.org\/article\/how-the-inflation-reduction-act-reduces-health-care-costs\/\">Read More<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CAP American Progress ARTICLE\u00a0AUG 12, 2022\u00a0 Nicole Rapfogel &amp; Emily Gee The Inflation Reduction Act\u2019s health insurance subsidies and drug pricing reforms will improve health care affordability for Americans. The <\/p>\n<p class=\"readMore\"><a class=\"read-more\" href=\"https:\/\/blog.ctcps.org\/?p=2111\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":2112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[842,131,841],"class_list":["post-2111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-health-care-premiums","tag-medicare","tag-prescription-drugs"],"_links":{"self":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2111"}],"version-history":[{"count":1,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2111\/revisions"}],"predecessor-version":[{"id":2113,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2111\/revisions\/2113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/media\/2112"}],"wp:attachment":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}