Hoyer Statement on One Year Anniversary of the Affordable Care Act
WASHINGTON, DC – House Democratic Whip Steny H. Hoyer (MD) released the following statement today regarding the one year anniversary of the Affordable Care Act, which is tomorrow, March 23:
A year ago this week, President Obama signed the Affordable Care Act into law, giving families—not insurance companies—the freedom to control their own health care choices. Just a year after it became law, the Affordable Care Act is making it easier for small businesses to cover their employees, reforms in the law are taking important steps to slow the growth of health care costs, and the law is stopping the worst insurance company abuses, including making it illegal to deny care to children because of a pre-existing condition.
Thanks to this law, young people under the age of 26 are already able to stay on their parents’ insurance plans. The law is also helping nearly 4 million seniors across the nation—including 54,723 Maryland seniors— cover the cost of prescription drugs. Seniors in the Medicare Part D coverage gap, known as the “donut hole,” now receive an 50% discount on brand name drugs – and thanks to the Affordable Care Act, those discounts will increase until the donut hole is eliminated completely.
One year later, we have given American families new patient protections and greater freedoms. But if Republicans had their way, they would repeal the law and take away these newfound freedoms. We cannot roll back that progress. And we cannot go back to the days when insurance companies were in charge.”