Source: Queens Gazette
Congress Member Carolyn B. Maloney (NY- 12) met with seniors on February 27th at two centers in her district—the HANAC Archbishop Iakovos Senior Center, and the HANAC Harmony JVL Innovative Senior Center— to warn about how a repeal of the Affordable Care Act (ACA) will raise drug costs, while cutting healthcare for this demographic. The Congress Member vowed to continue fighting Republican attempts to repeal the ACA without a viable replacement plan.
“Repealing the Affordable Care Act is a threat to our economy, our children and our seniors,” said Rep. Maloney. “Until we passed the ACA, our seniors couldn’t afford the care they needed, and we were going to run out of funding for Medicare…seniors were forced to make difficult choices, like whether to buy lifesaving medication or groceries. Thanks to the ACA, our healthcare is better, more accessible, and actually affordable for seniors.
“The replacement plan proposed last week by the GOP is entirely unacceptable, and, frankly, is dangerous. With this replacement, thousands of people will lose their insurance, the quality of the care provided will be reduced, and costs will increase for low- and middle-income Americans while the wealthiest among us receive tax breaks. If we move forward with this ill-conceived plan, seniors will again be put into an impossible decision, as a rise in drug costs will certainly be swift. With Social Security COLAs at or near zero percent over the last few years, the situation is even more precarious. That is why I will continue to fight against Republican efforts to repeal the ACA and cut Medicare, Medicaid and Social Security.”
Maloney explained, “Late last week, the GOP plan put forth a proposed replacement. This plan reduces the number of people with insurance, reduces the quality of care, and increases the costs on low and middle-income Americans. It would phase out the Medicaid expansion, and would allow states to accept a block grant to manage Medicaid on a state level.”
Since the Affordable Care Act was signed into law in 2010:
Nearly 12million Medicare beneficiaries have saved $26 billion on prescription drug costs.
TheMedicare Trust Fundwas extended from 2017 to 2030, due to savings from new efficiencies enacted by the law.
New York’s seniors and people with disabilities have saved more than $1.6 billion on prescription drugs.
New Yorkers who fell into what we call the Medicare “donut hole” saved an average of $1,195.
During 2016, 40 million Medicare beneficiaries, including 2,440,280 New Yorkers, received preventive care for free.
More than 20 million more Americans now have health insurance.
The cost of health care is increasing at the lowest rate in over 50 years.