OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Medicare Advantage

Floor Speech

Date: Feb. 14, 2012
Location: Washington, DC
Issues: Senior Citizens Entitlements and the Safety Net Health Insurance

Ms. FOXX. Mr. Speaker, it's interesting that our colleagues across the aisle are doing their best to hide the truth about the cuts to Medicare that came with ObamaCare and those that the President has recommended in his budget. However, the truth will out.

The President's health care takeover, like his latest budget, is bad for our Nation's seniors. According to the Congressional Budget Office, the Democrats' health care and tax increase law slashed funding for Medicare Advantage plans used by millions of seniors across the country.

According to an October Forbes article, the average beneficiary--considering both those who stay in the stripped-down Medicare Advantage program and those who transition out of it--will incur an average cut of more than $3,700 in benefits per year by 2017.

That will directly affect the 40,000 seniors in my mostly rural North Carolina district who enjoy Medicare Advantage plans. So much for the President's promise that ``if you like your plan, you can keep it.''

That's just another reason why I voted against the health care law and intend to support its repeal.


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