Maloney hails passage of Health Care Reform
WASHINGTON, DC – Rep. Carolyn Maloney (D-NY) today issued this statement on the historic health care reform package passed by the House.
“This approval of health care reform—after decades of trying—is historic, and I’m proud to have been part of the Majority approving it under Speaker Pelosi’s tenacious leadership and President Obama’s dedication.
“After all the cable shows, ad campaigns, blogs, tweets and talking heads are finished, what remains is a package of reforms that will make a huge difference in the lives of Americans. 94% of all Americans will now be guaranteed coverage, including 2.5 million uninsured New Yorkers. It will help Americans across their entire lives—and help them live longer:
--If you’re 22 and just graduating college, you’ll now be able to be included on your parents’ coverage until your 26th birthday.
--If you’re self-employed in your thirties or forties, you’ll be able to shop for more affordable coverage on exchanges set up by states or the Federal Government.
--If you’re 56 and have taken early retirement, you can continue to be covered under your employer’s plan until you sign up for Medicare.
--And if you’re a senior with Medicare Part D Drug Coverage, the so-called “donut hole” has been closed.
“It’s carefully structured to kick in over time, but the immediate benefits are significant. No longer can health insurance companies capriciously deny coverage based on pre-existing conditions to protect their bottom line; no longer will individual and small business pricing be set by a virtual monopoly; and no longer will individuals be stuck in bad jobs because of good coverage.
“Because New York State and its hospitals have always gone the extra distance in providing care to the un- and under-insured, the State Medicaid budget will receive an additional estimated $1.3 billion in federal aid in 2014, in just the first year of implementation, and Federal Hospital Disproportionate Share Hospital (DSH) payment cuts will not be as drastic—although I wish they had been eliminated.
“The process isn’t done yet—the Senate must act to approve the House modifications, and I know that Senators Schumer and Gillibrand are already on the job.”
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