Healthcare Provisions in the Inflation Reduction Act

December 12, 2022
Overview
The Inflation Reduction Act has laid the groundwork for—and in some cases already implemented—long-term changes in federal policy that will keep people healthier and deliver higher quality care at lower cost to patients. Even better, these benefits are delivered while simultaneously reducing the deficit by finally allowing Medicare to negotiating bulk discounts on the price it pays for prescription drugs. This willsave taxpayers hundreds-of-billions.
It’s a well named bill. The IRA will provide lasting relief and protection from inflation for years to come, especially with regards to healthcare.
It was a long process to get the bill passed—taking more than a year—but the final product is something to be proud of.
Immediate Impact
Beginning in 2023
Beginning in 2024
Beginning in 2025