The Inflation Reduction Act, signed into law last week, makes historic investments in our communities. Creating union jobs, taxing the rich, combatting climate change and lowering health care costs are at the forefront of the bill's goals.
If you want details on what else is in this historic bill, keep reading ⤵⤵⤵
Health Care
- 13 million people will save an average of $800 per year on health insurance premiums.
- Prevents premium hikes for people with Affordable Care Act coverage.
Prescription Drugs
- Medicare can negotiate prescription drug costs, which can lower costs for millions of people.
- Caps insulin costs at $35/month for Medicare beneficiaries.