March 12, 2010
Ohio Retired Americans to Congressman Dennis Kucinich: “Stop Medicare from Bleeding Out”
March 12, 2010
The following statement was issued today by David Friesner, President of the Ohio Alliance for Retired Americans in reacting to recent remarks by Congressman Kucinich on the pending vote:
The Ohio Alliance for Retired Americans and its members call on Congressman Kucinich to stop Medicare from bleeding out. In 2003 Representative Kucinich voted against the Medicare Modernization Act as fiscally irresponsible and unresponsive to the needs of the aging population. The Alliance for Retired Americans agreed with him then and asks that he vote for the health insurance reform legislation now in front of the Congress.
The Medicare Trust fund continues to bleed because of the fiscally negligent Congress of 2003. The ability of those over 65 to continue to have health insurance coverage is now jeopardized by failing to pay then for the “advantage” program and failing to adequately fund the prescription drug program. The Health Insurance Reform legislation now up for a vote in Congress extends the life of Medicare to 2022, provides additional funding to pay for services, and encourages better outcomes through prevention.
No action now means the Medicare Trust Fund runs out of money sooner. Estimates for the Medicare Trust Fund default range from 2017 to 2014.
It is reported in Ohio newspapers that Medicare ‘advantage” plans lead their insurance corporations in yielding profits and yet retirees and seniors are being hit with an average 14% increase in premiums. The Medicare Rx Drug “donut hole” persists in gouging retirees with increased pricing and lack of insurance coverage. Limits on low-income subsidies stand in the way of many affording health care. Providing for long-term care continues to burden us as individuals and family care givers. The prospect of paying a tax because we are older workers or early retirees with more health issues and higher premiums is less than helpful in planning for retirement.
Congressman Kucinich has a consistent record of working for older workers, retirees, and seniors. The Ohio Alliance for Retired Americans appreciates his work for retirement security and sees his vote for this health insurance reform as another positive step to bring better health care to all Ohioans.