How the Inflation Reduction Act Reduces Health Care Costs

High drug and health care costs continue to prevent millions of Americans from achieving full health. Nearly 1 in 2 American adults report difficulty affording health care costs. It’s no wonder that voters consistently rank bringing down prescription drug prices and other measures to reduce the cost of care as among Congress’ top priorities.

The Inflation Reduction Act, when passed by the House of Representatives and signed into law by President Joe Biden, will give a lifeline to people struggling with health costs by providing much-needed financial relief for the health coverage and medications they need to survive...