WASHINGTON, D.C. – Assistant Speaker of the U.S. House of Representatives Katherine Clark (MA-5) shared new data detailing the success of the Inflation Reduction Act in lowering health care costs for residents of the Fifth District of Massachusetts.
“The Inflation Reduction Act is working – it is lowering costs for seniors and families and expanding access to health care. Democrats put people over politics and put money back into the pockets of hard working Americans”, said Assistant Speaker Clark. “While MAGA Republicans are threatening to repeal these essential cost savings, Democrats are committed to continuing lowering costs and building an economy that works for working families.”
According to new data from the Congress’s Joint Economic Committee, in MA-5:
- 23,000 residents can now access affordable health care coverage with reduced premiums.
- 212,000 residents can get and keep free or low-cost health insurance through Affordable Care Act (ACA) marketplaces.
- 104,000 seniors will pay less for their prescription medication.
In August, the Inflation Reduction Act passed with Clark’s support. The new law requires Medicare to negotiate lower drug prices for seniors, caps the cost of insulin at $35 per month for Medicare patients, and cuts health insurance premiums nationwide.
Every single House and Senate Republican voted against this cost-reducing bill. They also recently unveiled a plan to repeal the Inflation Reduction Act in the House, threatening access to affordable health care for millions of Americans and raising drug prices for seniors.
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Original story HERE.