The U.S. House of Representatives has passed H.R. 5376, widely known as the Build Back Better Act, which allocates funds to combat climate change, bolster the U.S. social safety net, and expand healthcare. The bill promotes elements of value-based insurance design, including pre-deductible coverage and cost sharing cap of $35 month on selected insulin products, a $2,000/year cap and even monthly distribution of out-of-pocket costs for Medicare beneficiaries, and the removal of co-pays for vaccines under Medicare Part D as recommended by ACIP. Read more here.