Internal Medicine Physicians Call Inflation Reduction Act a Win for Health in U.S.

Statement attributable to:
Ryan D. Mire, MD, FACP
President, ACP

WASHINGTON August 15, 2022 – The American College of Physicians (ACP) is glad to see that the Inflation Reduction Act of 2022 was passed by the House and will now be signed into law. This legislation includes many policies that ACP has long advocated for and will help millions of Americans better access necessary health care services and treatments.

ACP strongly supports the provision that will extend the increased subsidies for health insurance plans purchased on the Affordable Care Act health insurance exchanges, as these increases have led to record numbers of Americans gaining access to health insurance. We also support the provisions that will help Medicare beneficiaries to better afford needed medications. Allowing Medicare to negotiate with pharmaceutical manufacturers for lower drug prices and capping the cost of insulin for beneficiaries are both necessary steps that ACP has long supported as tactics to tackle the rising cost of prescription drugs. Finally, the changes to fund clean energy projects and reduce carbon pollution are essential steps in starting to mitigate climate change and ensure our planet continues to be healthy enough to support healthy humans.

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About the American College of Physicians
The American College of Physicians is the largest medical specialty organization in the United States with members in more than 145 countries worldwide. ACP membership includes 160,000 internal medicine physicians (internists), related subspecialists, and medical students. Internal medicine physicians are specialists who apply scientific knowledge and clinical expertise to the diagnosis, treatment, and compassionate care of adults across the spectrum from health to complex illness. Follow ACP on Twitter, Facebook, and Instagram.

Contact: Laura Baldwin, (215) 351-2668, lbaldwin@acponline.org