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Yo_Mama_Been_Loggin

(107,996 posts)
Tue Aug 16, 2022, 01:58 PM Aug 2022

Biden to sign massive climate and health care legislation

KIAWAH ISLAND, S.C. (AP) — President Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months before the midterm elections.

The legislation includes the most substantial federal investment in history to fight climate change — some $375 billion over the decade — and would cap prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients. It also would help an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.

The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.

The House on Friday approved the measure on a party-line 220-207 vote. It passed the Senate days earlier with Vice President Kamala Harris breaking a 50-50 tie in that chamber.

https://apnews.com/article/inflation-biden-health-climate-and-environment-9a7f349fa7b07387d20ad603f2ff4875

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Biden to sign massive climate and health care legislation (Original Post) Yo_Mama_Been_Loggin Aug 2022 OP
Another Biden win! LetMyPeopleVote Aug 2022 #1
When will the $2k oop cap start being effective? MiniMe Aug 2022 #2
2025. Time to enlarge our majorities and pass our original provisions. Hortensis Aug 2022 #3
Thanks for the answer, but that sucks MiniMe Aug 2022 #4
Yes. Perhaps there's something else in here that'll help. Like the Hortensis Aug 2022 #5
Medicare doesn't want you to be on Eliquis... MiniMe Aug 2022 #6
Yes, they sure don't. So you're on it also, but when you need this one Hortensis Aug 2022 #7
Pres. Biden, thank you. n/t ChazII Aug 2022 #8

Hortensis

(58,785 posts)
3. 2025. Time to enlarge our majorities and pass our original provisions.
Tue Aug 16, 2022, 03:21 PM
Aug 2022

Next year at least the $35/month insulin cap goes into effect. Lots of starts.

MiniMe

(21,716 posts)
4. Thanks for the answer, but that sucks
Tue Aug 16, 2022, 03:29 PM
Aug 2022

Well, the $35 insulin is good, but my housemate was just prescribed Eliquis which is expensive as hell. I was hoping that it would start in 2023. By putting it off until 2025, a lot of th e users of the expensive meds will have died. Ugh.

Hortensis

(58,785 posts)
5. Yes. Perhaps there's something else in here that'll help. Like the
Tue Aug 16, 2022, 05:22 PM
Aug 2022

ACA premium tax credit. That'll help millions. There's other stuff designed to lower costs for people, and some of it will start up as fast as next January.

I take it she's not on Medicare yet since Medicare does cover it, but our friend has to have it; warfarin doesn't work. It might be worth it for her to change to an insurance plan that covers it since it is so horribly expensive. I don't expect to see any of my drugs on the short list of drugs in this foot-in-door bill, but my doctors know better than to prescribe anything but 40-year-old miracle drugs. Knock wood for me and best wishes for her.

Addendum: Just heard that 73% support negotiating Medicare drug prices, 11% oppose, so maybe people will be demanding to know why prices of the drugs they're on aren't going down.

MiniMe

(21,716 posts)
6. Medicare doesn't want you to be on Eliquis...
Tue Aug 16, 2022, 06:33 PM
Aug 2022

They suggest other blood thinners instead. And Medicare doesn't pay for drugs, that is Medicare Part D that you have to have a separate policy for. I'm lucky, I was on Eliquis before I had to choose a part D. My policy will pay for it after I his the deductible amount which I will do quickly. Housemates part D wants to argue about it. But I still have to pay a HUGE amount for the deductible for 2023 and 2024 before the $2K goes into effect in 2025. That's why it sucks. Happy that it will put a cap on the cost, but it is over 2 years before it does.

Hortensis

(58,785 posts)
7. Yes, they sure don't. So you're on it also, but when you need this one
Tue Aug 16, 2022, 07:37 PM
Aug 2022

I guess like our friend you really need it. I'm sorry the cost, and now the 2 year delay for help to kick in, is a personal hit. We know what that's like. Sucks all right.

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