The Inflation Reduction is designed to reduce the deficit and lower inflation while investing in domestic energy production and lowering healthcare drug costs. Larry Pon reviewed with us what's in the bill, to include important planning takeaways:
The facts on Medicare's ability to lower drug prices for how long,
Caps on out-of-pocket Medicare costs
The impact on the ACA healthcare premiums
Tax credits for energy-efficient home improvements
Credits for electric vehicles (EV): Should your clients get an EV in 2022?