How The Inflation Reduction Act Will Reduce Health Care Costs For Seniors
While most of the health-related measures will impact Medicare beneficiaries age 65 and older, the millions of individuals insured through the Affordable Care Act’s (ACA) health insurance marketplaces will benefit, too. That’s thanks to an extension of a federal subsidy that reduces monthly premiums, originally introduced under a 2021 COVID stimulus bill. The IRA is not as robust as President Biden’s Build Back Better Act, which didn’t gain sufficient support in Congress....