A new state-by-state analysis by the Joint Economic Committee (JEC) finds that in Maryland, out-of-pocket health care costs will more than double for residents turning 65 in 2022 under the budget plan passed by the House in April. I want to assure you that I voted against this shortsighted measure. Using national figures provided by the non-partisan Congressional Budget Office, the JEC estimated that a typical 65-year-old Medicare beneficiary in Maryland in 2022 would see their out-of-pocket health care costs increase from $6,574 to $13,367 under the Republican budget, an increase of $6,793 per person.
The report also shows that under this budget plan, current Medicare beneficiaries will lose key benefits made available by the Affordable Care Act, including: reopening the “donut hole” – which is already working to provide cost relief to 4,193 Maryland residents, saving them on average $605 per person – so seniors will be paying more for prescription drugs. Additionally, this plan eliminates the free annual wellness exam Medicare beneficiaries currently receive and forces older citizens to pay for preventive services such as mammograms and cancer screenings. And it ends many of the reforms that keep Medicare solvent.
Democrats understand that we have to do more to get our debt under control, but the responsible answer is not to use the threat of debt to radically change programs like Medicare. I am committed to working to ensure we take care of our older Americans and understand the importance of sharing our sacrifices fairly – not putting all the sacrifices on the backs of our middle class and our seniors.
For more information and for a state-by-state breakdown of the increase in health care costs for seniors under the Republican plan, click here.
As always, thank you for allowing me to share this update with you, and please continue to share your concerns and insights with me by contacting my office.