Since Passage of the Affordable Care Act, Seniors' Health Care Costs Continue to Decrease

Even as Republicans begin discussions on yet another budget that will end the Medicare guarantee and put insurance companies back in charge of your health care, the Affordable Care Act continues to provide benefits for millions of America’s seniors and their costs continue to decrease.

Just today, the Department of Health and Human Services announced that premiums for Medicare Advantage enrollees in 2012 are 7 percent lower compared to last year – and 16% lower than compared to 2010, before the Affordable Care Act was passed. 

As the White House writes today in a blog post announcing the news:

“At the time the Affordable Care Act was passed, Republicans in Congress said the bill would virtually end the Medicare Advantage program. ‘Every one of them (in Medicare Advantage) will see their benefits go down,’ ‘provisions in there are going to allow them to kill Medicare Advantage,’ ‘if this passes, it is the end of Medicare Advantage as we know it,’ are just a few of the incendiary charges Republicans made about the Affordable Care Act.  Premiums would go up, they claimed, and choice and enrollment would go down.” 

“Those predictions turned out to be wrong. Medicare Advantage is stronger than ever – offering more seniors better benefits, higher quality care and lower costs.  As reported last year, 99.7 percent of people with Medicare still have access to Medicare Advantage plans."

Despite Republican claims, the truth was a far different story, as USAToday reports in a story headlined: “Medicare Advantage's enrollment is up; premiums are down

Medicare Part B premiums and deductibles are also lower in 2012 – deductibles are almost 15% lower than last year and premiums are more than 6% less than projected.

And 2012 Medicare Part D premiums have held steady at their 2011 rates, despite millions of seniors now receiving additional benefits and coverage while in the donut hole. 

No matter how hard the GOP tries to distort the record, the facts are clear: Since the Affordable Care Act was passed, seniors have seen their costs decrease for the second year in a row.