Mary Gay Scanlon: “For far too long, families in my district and across the country have struggled with rising healthcare and prescription…”

“For far too long, families in my district and across the country have struggled with rising healthcare and prescription drug costs. So, I am pleased to report that relief is on the way, thanks to Democrats' passage of the Inflation Reduction Act this summer. This act reins in out-of-control healthcare costs and will make a real difference in family budgets by extending tax credits for health insurance, capping prescription drug costs for seniors at $2,000 a year, capping insulin costs for seniors at $35 a month, and allowing Medicare to negotiate lower prices with drug companies. A family of four in Ridley Park could save more than $2,800 in annual health insurance premiums. A senior couple in Media could save more than $13,000 in yearly healthcare costs. If the Inflation Reduction Act's $35 insulin copay had been in effect in 2020, a Springfield resident who uses NovoLog could have saved $1,300 a year. Importantly, all these benefits are fully paid for by making the biggest corporations and billionaires pay their fair share. ____________________”