Pelosi Statement on President Biden's Final Rule to End the "Family Glitch'

Statement

Speaker Nancy Pelosi issued the following statement after the Treasury Department issued the final rule to close the "family glitch" in the Affordable Care Act, which will bring down health care costs and expand access to affordable health coverage:

"In April, President Biden took a powerful step to make health care more affordable and accessible by ending the "family glitch' in the Affordable Care Act -- strengthening the law so that it functions as Congress intended. Today, the Treasury Department finalizes the fix so that, when Open Enrollment begins on November 1st, nearly a million more Americans will see lower premiums or gain affordable coverage. This means that, under President Biden and a Democratic Congress, 14 million Americans have gained the dignity and security of lower health care costs.

"This is the latest step in Democrats' relentless fight to lower health costs. In our American Rescue Plan, we slashed ACA premiums for working families -- and then locked in those savings with our Inflation Reduction Act. For seniors, the Inflation Reduction Act dramatically lowered prescription drug costs: capping out-of-pocket expenses at $2,000, empowering Medicare to negotiate for lower prices and banning predatory price hikes faster than inflation. But now, extreme MAGA Republicans want to repeal these lower costs and make health care more expensive for seniors and families.

"While extreme MAGA Republicans mobilize around a dangerous agenda of gutting Medicare and raising health costs on families, Democrats will never relent in our fight to put People Over Politics -- because we know that health care is a right, not a privilege."

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