[Congressional Record Volume 158, Number 49 (Monday, March 26, 2012)]
[Senate]
[Pages S2014-S2015]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AFFORDABLE CARE ACT
Mr. BAUCUS. Mr. President, President Truman once said, ``Healthy
citizens constitute our greatest national resource.''
Two years ago last week we passed the affordable care act. We passed
it to help give every American access to quality affordable health
care.
People such as Cece Whitney from Helena, MO, know exactly how much
help this law provides. Doctors diagnosed Cece with cystic fibrosis by
age 7. By high school she carried an oxygen tank. By the end of college
she received a double lung transplant. Even with insurance coverage
Cece and her family paid tens of thousands of dollars out of pocket.
But things looked even worse when she hit an arbitrary coverage limit,
and if she had lost her insurance before health reform she might not
have been able to find any insurance coverage at all.
Insurance companies could have turned her away simply because she was
born with cystic fibrosis. But now, thanks to the affordable care act,
Cece will always be covered. She will always have access to the care
she needs.
A year ago, on the affordable care act's first anniversary, Cece
shared her story about seeing health reform signed into law with her
local newspaper. She said she cried tears--tears of extreme joy. She
wrote:
I knew that I no longer had to worry about losing or being
denied coverage because of my `preexisting condition.' And I
no longer was going to be denied coverage for exceeding
arbitrary caps set by insurance companies.
Cece's story is not unique. Health reform is working for people in
Montana and across the country, and it is saving them money. The law
improved our health care system and enabled it to focus on prevention
and keeping Americans healthy. We have reforms to pay for quality of
care rather than quantity of services. In just 2 years, health reform
has lowered costs for millions of Americans. Parents can now afford to
cover their entire family, including children up to the age of 26. More
than 2.5 million young adults have been able to stay on their parents'
plan thanks to health reform.
Prescription drugs are now cheaper for seniors because of the act.
Already more than 5 million Medicare beneficiaries have saved more than
$3 billion on drugs. Again, that is $3 billion saved by seniors on
drugs, and health reform eliminates the so-called Medicare prescription
drug doughnut hole. This puts dollars back in seniors' pockets--dollars
they can use for groceries or electricity bills.
Seniors now receive free annual wellness visits and free screenings.
This focus on prevention leads to better health outcomes, and it keeps
them healthier. It saves money by allowing seniors and their doctors to
catch conditions such as high blood pressure and diabetes before they
become serious and costly.
Health reform also helps those who wish to retire early to afford
insurance until they qualify for Medicare. The law has provided almost
$4.5 billion in aid to businesses to give early-retiree coverage to
these employees. Let me repeat that. The law has provided almost $4.5
billion in aid to businesses to enable them to give early-retiree
coverage for their employees.
Health reform is also saving Americans money through new consumer
protections. It is ending insurance company abuses. Medical loss ratios
is one that comes to my mind. Because of health reform, parents can now
keep their kids who have preexisting conditions on their plan, and
insurance companies can no longer exclude these children. Insurance
companies can no longer place lifetime and restrictive yearly limits on
their health coverage that can cost Americans such as Cece Whitney tens
of thousands of dollars, and insurance companies can no longer go back
and scrutinize applications for tiny errors as a way to deny payments
after a customer gets sick.
Health reform has also created the Medicare and Medicaid Innovation
Center to put good ideas from the private sector into action. The
center is already working with more than 7,100 organizations--
hospitals, physicians, consumer groups, and employers included--to
reduce costly hospital readmissions.
Health reform provides law enforcement with new tools and resources
to protect Medicare and Medicaid from fraud and abuse. These efforts
recovered more than $4 billion last year. New antifraud provisions in
the act, in the health care bill, helped recover more than $4 billion
in fraud last year. Just a few weeks ago, Federal agents made the
largest Medicare fraud bust in U.S. history. Ninety-one people were
charged with defrauding taxpayers for nearly $300 million.
More parts of the affordable care act that will help consumers will
start in the year 2014, including the State-based affordable insurance
exchanges. On these exchanges people will be able to save money. How?
By shopping for an insurance plan that is right for them. It is like
getting on Expedia or Orbitz: you just get on and shop around and find
the one that is best for you.
For too long, individuals and small businesses shopping for insurance
on their own have had very limited options. The plans that were
available were often too expensive. Now, for the first time, insurance
companies will have to compete against each other for business on a
level playing field. That will mean lower premiums, better coverage,
and more choices.
Health reform has also reduced government costs by dramatically
slowing the growth in spending. According to our nonpartisan
scorekeeper, the Congressional Budget Office, health reform slowed the
growth in health spending by 4 percent. That will save taxpayer dollars
and help get our deficit problem under control.
We need to let the law keep working to save families and taxpayers
more money. The Congressional Budget Office tells us that repealing the
affordable care act--repealing it now--would increase the Federal
deficit by nearly $143 billion over the next decade. Repeal would cost
the Federal deficit $143 billion over the next decade according to the
Congressional Budget Office, and it would increase the deficit by more
than $1 trillion in the decade after that.
Repealing health reform would also leave tens of millions of
Americans without insurance. Studies have shown this would cost every
American family an extra $1,000 a year. That is something we cannot
afford. The affordable care act has already saved millions of Americans
money and helped them get affordable health care, and millions more
will gain access in the coming years. Healthy citizens are, indeed, the
greatest asset our country has. We need to let health reform keep
working for all Americans.
I yield the floor.
The ACTING PRESIDENT pro tempore. The Senator from Arizona.
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