Trinity Health Applauds Health Coverage Expansion Progress
August 9, 2022Recent data from the U.S. Department of Health and Human Services show the uninsured rate has declined to a historic low of 8.0%. We pause and celebrate with the millions of Americans who have recently gained coverage, including approximately 2 million adults with new marketplace health plans.
Trinity Health applauds the U.S. Senate for protecting recent coverage gains with passage of the Inflation Reduction Act (IRA). We encourage the U.S. House to quickly pass this important legislation to protect access to health insurance.
The IRA will ensure that health coverage remains affordable for millions of Americans who buy their insurance through the marketplace by extending the expanded Affordable Care Act subsidies. The American Rescue Plan temporarily extended these subsidies to individuals with incomes above 400% of the federal poverty level and made the subsidy more generous for those below 400%.
Trinity Health also supports the IRA provisions to lower prescription drug prices and reduce out-of-pocket costs for seniors. Unaffordable drug prices threaten patient access and health outcomes.
Together, we care for the common good and celebrate the work of all who advance coverage expansion.