3 things everyone should know about the Inflation Reduction Act

[Yo_Mama_Been_Loggin]

By Joe Biden


Today, I signed the Inflation Reduction Act into law — one of the most significant laws in recent history. With this law, the American people won and special interests lost. The Inflation Reduction Act does so many things that so many of us have fought to make happen for years and years.

There are three things everyone should know about the Inflation Reduction Act. First, we are lowering costs for working families.

We are giving Medicare the power to negotiate for lower prescription drug prices. Seniors will pay less for their prescription drugs. The law caps their prescription drug out-of-pocket costs at $2,000 a year — no matter how many prescriptions they have. The big drug companies spent nearly $100 million to beat this law. We prevailed.

The Inflation Reduction Act locks in place lower health care premiums for millions of families who get coverage under the Affordable Care Act. Thirteen million people will see average savings of $800 a year, in addition to the $2,400 in savings through the American Rescue Plan that I signed into law last year.

https://www.yahoo.com/news/3-things-everyone-should-know-about-the-inflation-reduction-act-193032441.html

[IbogaProject]

1. I hate these gimmicks

2025 will be under the next administration. So the current administration doesn't have that expense under their budget calculations. The medical industry still gets at least 2 more years of blood from the most vulnerable. I hate how our media is dominated by big pharma, and insurance.

Single payer would reduce costs for all but the wealthy and save government money from month one, even with transition costs. And over the years less missed healthcare interventions would compound to better overall health. And maybe our Emergency Rooms would be less overwhelmed.

I'd love for ER docs to have some slow nights, maybe even most nights.