Written by Robert

Talking Points: Middle Class Security and the Affordable Care Act

 TOPLINE POINTS
  • The Supreme Court’s decision to uphold the Affordable Care Act ensures hard-working, middle class families will get the security they deserve and protects every American from the worst insurance company abuses. 
  • Here’s what the Court’s ruling means for the middle class:
  • Insurance companies no longer have unchecked power to cancel your policy, deny you coverage, or charge women more than men. 
  • Soon, no American will ever again be denied care or charged more due to a pre-existing condition, like cancer or even asthma.
  • Preventive care will still be covered free of charge by insurance companies–including mammograms for women and wellness visits for seniors. 
  • By August, millions of Americans will receive a rebate because their insurance company spent too much of their premium on administrative costs or CEO bonuses. 
  • Many seniors will continue to save $600 a year on their prescription drugs. 
  • Efforts to strengthen and protect Medicare by cracking down on waste, fraud, and abuse will remain in place.
  • Millions of young adults will still be able to stay on their family’s plan until they’re 26.
  • The Court has issued a clear and final ruling on this law. The last thing Congress should do is refight old political battles and start over on health care by raising taxes on the middle class and repealing the entire law.
  • A major impact of the Court’s decision is that 129 million people with pre-existing conditions and millions of middle class families will have the security of affordable health coverage. 
  • Under the Court’s ruling, having health insurance is and will continue to be a choice.  If you can’t afford insurance or you’re a small business that wants to provide affordable insurance to your employees, you’ll get tax credits that make coverage affordable.
  • But if you can afford insurance and you choose not to purchase it, the taxpayers will no longer subsidize your care for free.
  • This law can always be strengthened and was specifically designed to give States the resources and flexibility they need to tailor their approach to their unique needs.
  • No political party has a monopoly on good ideas, and the President will work with anyone to extend the security of coverage to every middle class family.
  • Rather than refighting old political battles by repealing health benefits and protections for the middle class, Congress should act on the President’s concrete plans to create an economy built to last.
MIDDLE CLASS TAX CUTS
  • There is a fundamental difference between what the President’s tax policies do for the middle class and what Republicans in Congress have voted for and plan to do.
  • President Obama has cut taxes by $3,600 for the typical middle class family.  Republican plans will raise taxes on middle class families to give millionaires and billionaires a $250,000 tax cut.
  • The facts are clear: the health care law provides a significant tax cut averaging about $4,000 for more than 18 million middle class people and families—a tax cut Republicans in Washington are vowing to repeal, socking it to the middle class once again.
  • For those that can afford health insurance but stay uninsured—forcing the rest of us to subsidize their care for free—a penalty is administered.  This is estimated by the CBO to affect 1% of the population.  It is modeled on the health reform Governor Romney signed into law, where less than 1% have been affected by the Massachusetts penalty.
  • The bottom line is this: the Court has issued a clear and final ruling on this law.
  • The last thing Congress should do is refight old political battles and start over on health care by raising taxes on the middle class and repealing the entire law.  As we implement this law, we should improve it where we can and give States flexibility.
  • Right now, Congress needs to work together to focus on the economy and creating jobs.
MEDICAID
  • Republican Governors have indicated they’ll follow the law when it’s implemented.  No political party has a monopoly on good ideas, and our Administration looks forward to implementing this law in an efficient way that works for the middle class.
  • For decades, Medicaid has been providing economic security for those Americans working to be a part of the middle class.  It also helps millions of middle class families who fall on hard times through no fault of their own.  That’s why it’s no wonder this is one of the most popular provisions in the law.
  • The Court’s decision didn’t change the fact that Medicaid expansion is completely paid for by the Federal government in the first three years and the Federal government will cover at least 90 percent of these costs in the years ahead. It only changed what happens if a State doesn’t expand coverage.
  • We have confidence that States will take advantage of the substantial resources available to them to cover more of their residents through the Medicaid program. And as history suggests, States will act.  All but two States implemented Medicaid and the Children’s Health Insurance Program (CHIP) within five years of enactment – despite their less generous financial support than this new Medicaid expansion.
  • Ultimately, we don’t believe States will turn down a good deal to cover more of their residents and pay their hospitals and doctors for their care. 
THE SECURITY OF AFFORDABLE COVERAGE – BENEFITS & PROTECTIONS BY THE NUMBERS:
  • $10.7 billion has been recovered by cracking down on waste, fraud, and abuse in Medicare all while securing and protecting the benefits seniors have earned.
  • 86 million Americans have benefitted from free preventive services like mammograms for women or wellness visits for seniors.
  • 17 million children with pre-existing conditions can no longer be denied coverage.
  • 12.8 million Americans will benefit from rebates because their insurance company spent too much of their premium dollars on administrative costs or CEO bonuses. 
  • 6.6 million young adults have the security of coverage until age 26.
  • 5.3 million Americans on Medicare have saved an average of $600 on their prescription drugs.
  • 70,000 Americans with pre-existing conditions now have the security of coverage.
0