Alliance of Community Health Plans Applauds Senate Passage of Inflation Reduction Act

WASHINGTON, Aug. 10 (TNStalk) -- The Alliance of Community Health Plans issued the following statement on Aug. 9, 2022:

* * *

In response to the Senate passing the Inflation Reduction Act, ACHP President and CEO Ceci Connolly issued the following statement.

"The Alliance of Community Health Plans applauds the Senate for passing the Inflation Reduction Act: an important step toward providing relief to families struggling to pay everyday bills. The legislation ensures millions of Americans will retain access to high-quality coverage and care they deserve while reducing the burden of out-of-control drug costs for seniors. For over a year, ACHP's Board has pushed for comprehensive reforms to make therapies more affordable for working families--the only national payer group to do so--and we commend Senate leadership for making this a top priority.

"We urge House lawmakers to swiftly pass this landmark package to protect Americans' access to affordable coverage and care.

"The drug pricing reforms within this package are a step in the right direction for holding pharmaceutical companies accountable for their egregious pricing practices. However, without provisions to penalize pharmaceutical companies for shifting costs to consumers with private health insurance, pharma has a chance to exploit this loophole and further strain Americans' wallets.

"The Alliance of Community Health Plans calls on Congress to immediately introduce and move stand-alone legislation to protect consumers and meaningfully improve prescription drug affordability across the health care system."

* * *

Original text here: https://achp.org/achp-applauds-senate-passage-inflation-reduction-act/