Let's talk about the Inflation Reduction Act
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| | | | Happy Monday, friends! We hope you had a great weekend. Let's kick off this week with some good news about healthcare and fascinating developments in wearable tech. Cool? Cool. | | Today, we're talking about: | | | | | Be well,
Morgan Mandriota
Newsletter Editor, Healthline | | | | |
| |  | | Written by Morgan Mandriota
August 24, 2022 • 4 min read | | | | | | | |
| |  | | | The Inflation Reduction Act marks a win for healthcare | Earlier this month, President Biden signed a massive piece of legislation called the Inflation Reduction Act. The multifaceted law aims to reduce climate change, bring down inflation, and crack down on billion dollar corporations that skip out on paying taxes (looking at you, Amazon). It also has BIG implications for improving the United States healthcare system.
The most notable changes include:
- a $2,000 annual out-of-pocket limit on prescription drugs and $35 monthly cap on insulin costs for people insured by Medicare
- clearance for Medicare to negotiate prices on expensive drugs
- extended health insurance premium subsidies for families and union members insured under the Affordable Care Act
- lower (and free!) monthly premiums for health insurance
- newly funded grants and programs to reduce pollution, greenhouse gas emissions, and other major climate change factors threatening our health and well-being
While the healthcare benefits are substantial, critics of the IRA have noted that the overall dent on climate change and inflation will be—wait for it—virtually next to nothing. Additionally, the rollout of the majority of healthcare system improvements will happen slowly over the next couple years, meaning we may not see real change until roughly 2025.
Despite this grim assessment, a little patience should have a big payoff. The ability to cap drug prices and health insurance premiums is expected to have a significant impact on the health of people living in the U.S.
Tl;dr – President Biden promised to lower the cost of prescription drugs, and he kept his word. The newly signed (730-page!) Inflation Reduction Act will drastically reduce healthcare costs and limit the amount that families will spend on medicine and health insurance going forward.
Over to you: We'd like to know what you think about the Inflation Reduction Act's effect on healthcare. Do you think it's going to benefit your health and wellbeing? Let us know at wellnesswire@healthline.com. | | | | | | |
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| |  | | | Raise your hand if you're wearing a smartwatch right now. | Wearable tech has been ~a thing~ for a while now, but it just got smaller and trendier.
Brands like Movano and Oura think you should put your middle finger up to smart watches and slide a smart ring on it instead. These fashionable accessories aim to help you track your sleep, heart rate, steps, and other health factors so you can live your best (read: healthiest) life.
Smart rings and watches offer similar functionality and app connectivity. But (!) the rings are lighter, have longer battery life, and might even track your health more accurately due to capillaries and arteries in the finger vs. the wrist.
Current offerings feature colors from black to copper, and prices swing from $69 on Amazon to $300, or "Contact Us" … aka super expensive.
We're sure more companies are going to hop on this trend, so expect to see affordable options pop up sooner than later. Until then, enjoy your Apple Watch before it's a thing of the past. | | | | | | |
| | | | | | When's the best time to get your flu shot?
| (Find the answer at the end of this email)
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| | | | | | What we're reading next |
| Please don't tape your mouth before bed. A new trend aimed at eliminating snoring is sweeping TikTok, but medical providers say the risks far outweigh the benefits. | | Vitamin D for depression. Vitamin D can prevent cancer, boost strength, and improve mood. But a new study suggests that it can reduce symptoms of depression, too. | | Things to do when you feel lonely. Social research suggests we're in a loneliness epidemic. But what can you do about it? A lot, actually. Here are 13 ways to feel more connected. | | | | | | |
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| | | | | | | Plant-Powered Relaxation | | Try CBDistillery's 100 percent clean solution designed to reduce mild or temporary anxiety. CBG & CBD work together in harmony so you can stress less each day.* | | | | *Based on results from 2021 & 2022 studies with MoreBetter. These statements have not been evaluated by the Food & Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease. | | | | | | | | | |
| | | | | | When's the best time to get your flu shot? | | September or October | Flu season might start early and hit harder this year. Sounds scary, but don't worry – health experts recommend getting your flu shot during the months of September or October for max protection. You've got options, too! Pick one of six vaccines, including a higher potency vaccine for seniors and a nasal spray vax. Read our new article about flu season precautions here to learn more.
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| | | | Thanks for reading! We'll be back with more great stories on Wednesday. See you soon!
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| | | | | | | Until next time, |  | Take care of yourself, and we'll see
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