The recent event dominating national news is the Inflation Reduction Act, a large bill passed by the Senate over the past weekend. If it passes the House and is signed into law, this law will be one of the largest federal acts in climate policy while also instrumental in addressing tax and healthcare reform.Among its healthcare provisions, the bill extends health insurance subsidies for American households paying for private insurance. The bill's changes to Medicare are getting a lot of coverage, but it's worthwhile to consider the impact of extending these subsidies and what it tells us about the burden healthcare spending poses to low and middle income Americans.
What are the Expanded Health Subsidies?
What are the Expanded Health Subsidies?
What are the Expanded Health Subsidies?
The recent event dominating national news is the Inflation Reduction Act, a large bill passed by the Senate over the past weekend. If it passes the House and is signed into law, this law will be one of the largest federal acts in climate policy while also instrumental in addressing tax and healthcare reform.Among its healthcare provisions, the bill extends health insurance subsidies for American households paying for private insurance. The bill's changes to Medicare are getting a lot of coverage, but it's worthwhile to consider the impact of extending these subsidies and what it tells us about the burden healthcare spending poses to low and middle income Americans.