What is the Healthcare Impact of the Debt Limit Deal?

Congress’s failure to raise the debt limit has brought the US perilously close to default. Republicans have insisted on major cuts to federal spending –including in healthcare—in exchange for their votes. President Joe Biden and House Speaker Kevin McCarthy worked out an agreement in principle, which gives in, at least partially, to the GOP demands while preserving Democratic priorities.

So what’s the impact of the debt ceiling deal on healthcare? Will the deal have a real impact or is it all just smoke and mirrors?


TOPICS
(1:12) What is the debt limit deal?
(2:19) What are the healthcare provisions of the debt ceiling deal?
(9:16) How to go about being disciplined in healthcare spending
(11:53) How does the Inflation Reduction Act actually reduce costs for drugs?
(14:58) What is going to happen when we hit the next debt limit in 2025?

Dive deeper into this episode and read our report, The 2023 Debt Ceiling Deal: Navigating Fiscal Stability and Economic Impact https://www.caretalkpodcast.com/post/...

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CareTalk is a weekly podcast that provides an incisive, no B.S. view of the US healthcare industry. Join co-hosts John Driscoll (President U.S. Healthcare and EVP, Walgreens Boots Alliance) and David Williams (President, Health Business Group) as they debate the latest in US healthcare news, business and policy.

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