Republican Budget Will Eliminate More Than 2 Million Private Sector Jobs and Force Seniors to Pay $6,359 More For Health Care – More Than Doubling Their Annual Costs
From Day One, Republicans’ Reckless Plan Will Force Millions of Seniors to Pay More for Prescription Drugs and Wellness Visits
New Interactive State-by-State Map, With Data, Can Be Found at http://democrats.senate.gov/gop-budget/
Washington, DC— The Democratic Policy and Communications Center (DPCC) today released national and state-by-state data revealing the devastating effect the Republicans’ Medicare-ending budget would have on the economy and seniors’ health care costs. Across the country, the GOP’s reckless plan would cost 2 million private sector jobs over the next five years and increase seniors’ out-of-pocket health care costs by $6,359 in 2022 – more than double what they would otherwise pay.
The report also shows that starting next year if the GOP plan is law, nearly four million seniors nationwide will be forced to pay $2.2 billion more in prescription drug costs, and at least one million seniors will have to pay over $110 million more for annual wellness visits in 2012. The Republican budget could also cut more than $503 billion in federal health care funding for seniors and the disabled through Medicaid, including life-saving nursing home coverage.
The DPCC national report and state-by-state breakdown can be found here. Earlier today, the Joint Economic Committee (JEC), chaired by Senator Bob Casey (D-PA), released a state-by-state report detailing how the GOP budget will more than double seniors’ out-of-pocket costs by 2022. That analysis can be found here.
- The Republican plan to end Medicare will increase out-of-pocket health care costs for a typical 65 year-old senior by $6,359 in 2022 – more than double the cost under current law.
- The Republican plan could force at least one million seniors to pay over $110 million more for annual wellness visits in 2012.
- Nationwide, nearly four million seniors would pay $2.2 billion more for prescription drugs in 2012 alone under the Republican plan.
- By turning Medicaid into a block grant program, the Republican plan could cost America more than two million private-sector jobs over the next five years.
- Nationwide, the Republican plan could cut more than $503 billion in federal health care funding for seniors and the disabled through Medicaid, including life-saving nursing home care.