Learn more about the Employee Benefit Plan industry, news, updates, issues, and other topics related to group insurance plans.

September 1, 2022

Inflation Reduction Act –
Health Care Considerations

If offering an HDHP with an HSA, the law codifies the ability of a plan to provide first dollar coverage for insulin without jeopardizing an individual’s ability to make HSA contributions. Employers should stay informed as to the impact on prescription drug costs in the commercial market as a result of the federal government new negotiation power. While this will not take effect until 2026, it will be important to watch the costs in this area.
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