Summary of Provisions in HR 1 Affecting Manufacturers Serving Medicare, Medicaid, CHIP, and the ACA Marketplace
The US House of Representatives passed President Trump’s major domestic agenda bill at 2:30 pm (EDT), Thursday, July 3rd, by a 218-214 vote. The President signed the bill into law during the July 4th events the next day.
Major provisions of the law include an extension of President Trump’s 2017 Tax Cuts, increases in immigration enforcement funding, increases in the debt ceiling, and reductions in federal spending in several key areas.
This policy brief highlights provisions in the law affecting Medicare, Medicaid, CHIP, and the ACA Marketplace. Each table includes a summary of specific provisions, all important dates associated with the provision (i.e., effective dates, etc.), a citation for the provision, and a general statement of how the provision may directly or indirectly affect pharmaceutical manufacturers.
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