Enhanced federal insurance subsidies were extended under the bill and were otherwise set to expire at the end of the year.

By Hugh McQuaid, CTNewsJunkie.com 

Gov. Ned Lamont and his social services commissioner touted Thursday the expected impact on health care costs in Connecticut of the so-called Inflation Reduction Act, a federal legislative package filled with long-sought Democratic priorities that is expected to receive final passage in Congress before the end of the week.

During a televised press conference in Hartford, Social Services Commissioner Deidre Gifford said the Inflation Reduction Act would directly impact Connecticut patients through the bill’s $2,000 cap on out-of-pocket drug costs for seniors on Medicare and its extension for three years of boosted federal subsidies for some plans on the state’s health insurance exchange.

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