No, the Inflation Reduction Act did not extend free health insurance to most Americans

United States spend more health care than other industrialized countries, so a recent Facebook post touting free health care for Americans under 65 could be good news.

“$0 health insurance is here!” August 7 Facebook Publish said. “Congress Approves $700 Billion Package, $0 Health Insurance Expanded to Americans Under 65.”

The post encourages users to “see if you qualify now” by clicking on the post. This opens a Facebook Messenger conversation between the user and the Facebook account that posted the supposedly good news. But one user was not convinced and left a exam on the page that denounced the promise of free healthcare as “another Facebook scam” and claimed that the account attempted to steal users’ identities.

This post was flagged as part of Facebook’s efforts to combat fake news and misinformation on its News Feed. (Learn more about our partnership with facebook.)

On August 16, President Joe Biden passed a $740 billion reconciliation bill known as the Cut Inflation Act. It is to be called the most significant health care legislation since the Affordable Care Act, but it did not extend free insurance to large numbers of Americans.

Although the White House said the bill “reduces health care costs for Americans nationwide”, it was not reduced so much that approximately 80% of Americans no longer pay anything.

However, we have already reported on what the bill does. It establishes the right for Medicare to negotiate prices with drug manufacturers on certain drugs. It also extends expanded grants for Affordable Care Act market coverage, Kaiser Family Foundation reported. This means that more financial assistance will be available for people who are already eligible for subsidized plans and more people who were not previously eligible.

For Medicare patientsthere’s a $35 monthly cap on insulin and a $2,000 cap on prescription drugs, and older Americans won’t be stuck with a copay for vaccines for diseases like shingles .

We assess claims that the bill extends free health insurance to Americans under age 65 False.

About Evelyn C. Heim

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