Washington, DC – Today, United States of Care celebrated the House of Representatives’ passage of the Inflation Reduction Act. The bill, which is now headed to the President’s desk, will ease the burden of health care costs for millions of people and provide them security in their coverage for years to come.
The Act’s provisions allowing Medicare prescription price negotiation, limiting out-of-pocket costs for older adults, and the extension of enhanced tax credits for Affordable Care Act enrollees make it one the most important pieces of health care legislation in the nation’s history.
Members of the United States of Care staff and Board issued the following statements about the historic legislation:
Natalie Davis, USofCare CEO and co-founder: “The Inflation Reduction Act marks the most substantial federal health care progress in more than a decade. This critical bill will help people afford their coverage and the prescriptions that can help keep them healthy. When we talk to people across the country, cost always tops their list of concerns about health care, and USofCare is thrilled to see federal legislation that addresses people’s true needs and prioritizes equity. It’s clear that momentum is growing to build the health care system of the future — in the states and at the federal level — one that we can afford and understand, that we can depend on and that treats us as whole people.”
Mario Molina, M.D., Board Chair and co-founder: “We applaud the efforts of Congress to reign in federal spending on drugs under the Medicare program while at the same time making health care more affordable for many Americans by extending for three years the enhanced Affordable Care Act subsidies that Congress passed last year as part of the American Rescue Plan Act. The most important issue facing our health care system is the need to reduce costs to make health insurance more affordable for everyone.”
Andy Slavitt, Board Chair Emeritus and co-founder: “Passage of The Inflation Reduction Act is a transformational step for the health of the country and is the very reason why United States of Care was founded five years ago — to make sure people’s priorities for better care won out over special interests. Lower prescription drug costs, lower health care costs, and a healthy environment from the IRA are the direct result of decades of advocacy, listening to people and smart policy making winning out over special interests.”
About United States of Care
United States of Care is a nonpartisan organization committed to ensuring that everyone has access to quality, affordable health care.