REP. ENGEL – NEW YORK HEALTH PREMIUMS TO BE HALVED IN 2014; BUT GOP STILL FIGHTS AFFORDABLE CARE ACT
|Federal Information & News Dispatch, Inc.|
"While my colleagues play politics - again - and hold a vote to delay the individual mandate for another year,
"The delayed employer mandate manages to effect only about 10,000 businesses and about one percent of workers. Comparing the two is comparing night and day. Instead of a reduction of rates such as anticipated for New Yorkers, the delay would lead to raised premiums in 2014. It makes no sense other than to make Tea Partiers feel good about casting a vote," added Rep. Engel.
As a result of the health care law, the following is true about the
* 5,000 young adults now have health insurance through their parents' plan.
* More than 8,400 seniors received prescription drug discounts worth
* 108,000 seniors are now eligible for
* 195,000 individuals- including 45,000 children and 82,000 women - now have health insurance that covers preventive services without any co-pays, coinsurance, or deductible.
* 207,000 individuals are saving money due to ACA provisions that prevent insurance companies from spending more than 20% of their premiums on profits and administrative overhead. Because of these protections, over 38,200 consumers received approximately
* 239,000 individuals now have insurance that cannot place lifetime limits on their coverage and will not face annual limits on coverage starting in 2014.
* 77,000 individuals who lack health insurance will have access to quality, affordable coverage without fear of discrimination or higher rates because of a preexisting health condition. In addition, the 29,000 individuals who currently purchase private health insurance on the individual or small group market will have access to more secure, higher quality coverage and many will be eligible for financial assistance.
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