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Ms. TITUS. Mr. Speaker, without congressional action, Medicare
premiums and deductibles will increase in 2016 by 52 percent for an
estimated 7.5 million American seniors and people with disabilities.
Because these folks will not be receiving a Social Security cost of
living adjustment for 2016, 30 percent of beneficiaries will not be
held harmless, and their premiums will increase from $104 to $159 per
month.
To stop rates from increasing, I have introduced the Medicare Premium
Fairness Act, which will protect seniors and people with disabilities
by capping premiums at 2015 levels for a year. I urge my colleagues to
join me in cosponsoring this important legislation.
Seniors in our communities worked hard all their lives and saw our
country through a war, Depression, and dramatic social change. At a
time when every dollar counts, this critical legislation will ensure
that seniors can put food on the table and buy lifesaving medication.
So let's stand up for America's seniors.
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