Important health provisions in the Inflation Reduction Act (IRA) signed into law on Aug 16, 2022:
· IRA extends the more generous premium tax subsidies originally enacted by ARPA for 2021 and 2022 for another three years. This will protect people on ConnectorCare with income of 300% FPL or less and those with higher incomes from seeing a significant rise in their insurance costs in 2023. It will also ease the transition for people moving from MassHealth to the Health Connector after the Public Health Emergency ends.