***MEDIA ADVISORY FOR TUESDAY, AUGUST 9 AT 2:00 PM ET***
Inflation Reduction Act Includes Historic Measures to Lower Health Care Costs for Millions
Washington, DC — On Tuesday, August 9, 2022 at 2:00 PM ET // 1:00 PM CT, U.S. Representatives Peter Welch (D-VT-AL) and Lauren Underwood (D-IL-14) will join patient advocates and Protect Our Care for a virtual press conference to discuss the Inflation Reduction Act’s critical measures to lower health care premiums and prescription drug costs for the American people.
The event comes after the Senate passed the Inflation Reduction Act, and now the House is expected to vote on the historic legislation later this week. The bill lowers health care premiums by extending enhanced premium tax credits for ACA plans for three years and drives down prescription drug prices by giving Medicare the power to negotiate lower costs for millions of Americans, capping seniors’ out-of-pocket costs for drugs at $2,000 per year, and stopping Big Pharma’s egregious annual price hikes. This bill will help lower costs for millions of working families and address the deep racial inequities in our health care system. For years, lawmakers have promised to lower health care costs and rein in high drug prices, but President Biden and Democrats are actually getting the job done.
U.S. Representative Peter Welch (D-VT-AL)
U..S. Representative Lauren Underwood (D-IL-14)
Chrysa Otenso, Patient Storyteller from Wisconsin
Leslie Dach, Chair of Protect Our Care
WHAT: Virtual Press Conference
WHERE: Register for the Event Here
WHEN: Tuesday, August 9, 2022 at 2:00 PM ET // 1:00 PM CT