Today, Rep. Anna G. Eshoo (D-Palo Alto) announced that a new analysis shows that hundreds of thousands of people in her District are already benefiting from the Affordable Care Act.
"It's only been two years since the Affordable Care Act was signed into law, and millions of Americans are already seeing lower costs and better coverage," Rep. Eshoo stated. "This includes hundreds of thousands of people in California's 14th Congressional District."
A new analysis prepared by the Minority staff of the House Energy and Commerce Committee provides estimates by congressional district of the number of people benefiting from the new law. Benefits of the Health Care Reform Law (CA14).
"Young people are now able to be covered through their parents' insurance policy, up to the age of 26; children with pre-existing conditions are no longer discriminated against by insurers; and senior citizens have secured significant savings on prescription drugs under Medicare. These are meaningful improvements in people's lives."
The analysis details the new benefits already taking place in CA-14:
4,800 young adults up to the age of 26 are now covered by their parents' insurance policy.
Up to 36,000 children with preexisting health conditions can no longer be denied coverage by health insurers.
35,000 children and 140,000 adults now have health insurance that covers preventive services without any co-pays, coinsurance, or deductibles.
280,000 are free from insurance-imposed lifetime limits on their coverage.
520 small businesses received tax credits to help maintain or expand healthcare coverage for their employees.
7,500 seniors received prescription drug discounts worth $4.5 million, an average discount of $600 per senior.
56,000 seniors received Medicare preventive services without any out-of-pocket costs, coinsurance, or deductibles.
The Affordable Care Act will continue to be implemented through 2014. The Act ensures that all individuals will have a choice of high-quality, affordable coverage. Very importantly, the Act reduces the federal deficit by more than $100 billion over the next decade, and by more than $1 trillion in the decade after that, according to the nonpartisan Congressional Budget Office.