Statement of ACAP CEO Margaret A. Murray on Senate Passage of the Inflation Reduction Act of 2022

FOR IMMEDIATE RELEASE: Monday, August 8, 2022

FOR MORE INFORMATION: Jeff Van Ness, jvanness@communityplans.net, (202) 460-5333

STATEMENT OF ACAP CEO MARGARET A. MURRAY ON SENATE PASSAGE OF THE INFLATION REDUCTION ACT OF 2022

WASHINGTON—Today, Margaret A. Murray, CEO of the Association for Community Affiliated Plans (ACAP), issued the following statement on the passage in the Senate of the Inflation Reduction Act of 2022, which would extend for three years enhanced advance premium tax credit (APTC) subsidies for people with low incomes who purchase coverage through health insurance Marketplaces:

“The enhanced APTCs go a long way toward keeping health coverage in reach for millions of workers with low incomes and their families. ACAP led the call for the extension of enhanced APTCs for the past year to keep premiums affordable and to promote the uptake of comprehensive health coverage through Marketplaces.

“There is more work for Congress and the Administration to do, particularly to strengthen Medicaid and CHIP for children and postpartum individuals, but this is an excellent start. Because this bill helps keep millions of people covered, we urge the House to send this bill to President Biden’s desk for his signature with all due haste.”

About ACAP:
ACAP represents 74 health plans, which collectively provide health coverage to more than 20 million people. Safety Net Health Plans serve their members through Medicaid, Medicare, the Children’s Health Insurance Program (CHIP), the Marketplace and other publicly sponsored health programs. For more information, visit www.communityplans.net.

# # #