CBO Analysis Validates Seniors’ Worst Fears About Senate Health Bill

2018-10-11T11:42:27+00:00June 27th, 2017|News Archives 2017|

News Release

“The latest report from the Congressional Budget Office confirms that millions of seniors will be hurt by the so-called Senate GOP health care bill.  The numbers don’t lie.  The ‘Better Care Reconciliation Act’ is not a healthcare bill at all.  It is a tax windfall for the rich and pharmaceutical companies – paid for by gutting the Medicaid program, which covers more than 60% of long-term care costs for our nation’s seniors.   The C.B.O. says that 15 million Medicaid beneficiaries will lose coverage within 10 years, one million more than in the House-passed bill.

Seniors suffering from chronic conditions who have already impoverished themselves should not be denied skilled nursing care – whether in a nursing home, in the community, or in their own homes.  The C.B.O. report also confirms that a disproportionate number of older Americans (age 50-64) will lose health coverage under the Senate bill.  These ‘near seniors’ will face skyrocketing premiums, co-pays, and deductibles for private insurance. 

It is encouraging that a handful of Republicans have refused to endorse this heartless bill so far.  But seniors and their advocates must act quickly to send a stern message regarding the “Better Care” act:  Senators had better start caring about the human consequences of repealing and replacing Obamacare… and less about lining the pockets of the rich and Big Pharma.” – Max Richtman, President & CEO of the National Committee to Preserve Social Security and Medicare

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The National Committee, a nonprofit, nonpartisan organization acts in the interests of its membership through advocacy, education, services, grassroots efforts and the leadership of the Board of Directors and professional staff.  The work of the National Committee is directed toward developing better-informed citizens and voters. 

 

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