
This week, the U.S. Congress is poised to vote on a much anticipated package of health and other reforms that will provide both immediate and long-term relief from rising health plan premiums and prescription drug prices. In addition to notable climate change and tax policy provisions, the Inflation Reduction Act represents the most impactful federal legislation on health costs since the passage of the Affordable Care Act. With the Inflation Reduction Act, California will get real relief from inflated health plan premiums and prescription drug prices. It reforms that patient advocates have sought for years, if not decades, including: It extends significant subsidies to 1.7 million enrollees in Covered California health plans, limiting their premiums to no more than 8.5% […] Read More