The Inflation Reduction Act
The Inflation Reduction Act was signed into law by President Biden in August 2022 and will impact healthcare costs.
What does it mean for you, your family, and community:
- This law will cap out-of-pocket drugs costs for seniors on Medicare, sets the cost of insulin to $35 for a monthly supply, and lowers monthly premiums for health insurance plans offered through Covered California.
Why this should matter to you:
- Researchers estimate that the biggest gains in health insurance coverage will be for Black families. This will improve access to healthcare for thousands of Black Californians. The law also protects Black seniors from skyrocketing prescription drug costs.
How you can access benefit/resources:
- CBHN has certified Covered California enrollment counselors who can help you find an affordable health insurance plan. Contact GetCovered@cbhn.info or call 866.761.4165.
