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August 16, 2022

How the Inflation Reduction Act will affect Floridians

Nick Papantonis writes:

"On Tuesday, President Joe Biden signed the Inflation Reduction Act into law, marking the end of a long-promised effort to deliver on climate change and drug price reduction promises he made to voters on the campaign trail.


Millions of Floridians will continue to enjoy subsidized Affordable Care Act coverage, since the act extended tax benefits that were on the verge of expiring, according to the nonpartisan Florida Policy Institute [emphasis added].

However, the institute’s CEO, Sadaf Knight, said hundreds of thousands of poor Floridians would be left out. Florida is one of 12 states that has refused to expand Medicaid under the Affordable Care Act, she said, meaning there will be a gap between Medicaid recipients and people who can afford the ACA plans that won’t be covered.

Florida’s Medicaid is limited to people who make $6,000 per year or less, instead of $18,000 if the program was expanded, Knight explained.

'The Inflation Reduction Act was an opportunity to close the coverage gap by creating a solution in the bill,' she said. 'That was not included in the bill and so we’re very, very disappointed in that.”'

Read more/watch full news segment at

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