Today, Congressman Sires voted against H.R. 6079, the Patients' Rights Repeal Act, to repeal the Affordable Care Act (ACA), which was enacted into law two years ago. The bill would repeal important benefits of the ACA, which was recently upheld as constitutional by the Supreme Court.
"The Affordable Care Act is comprehensively reforming our health care system to ensure that every American has access to quality and affordable health care. Repealing this groundbreaking law would have devastating impacts on the 13th District," stated Congressman Sires. "Since enactment, the law has already benefited seniors, young adults, and small businesses, including 132,831 Medicare beneficiaries in New Jersey that received a $250 rebate to help cover the cost of their prescription drugs."
In March 2010, Congress enacted the Affordable Care Act to reform our nation's struggling health care system. Since enactment, millions of Americans are already benefitting from this law. In particular, insurers are no longer permitted to discriminate against those who are sick, including up to 17 million children nationwide; small businesses are receiving billions of dollars in tax credits to provide health care coverage for their employees; and seniors are saving money on prescription drugs and receiving free preventative care through Medicare. In New Jersey, 985,987 Medicare beneficiaries would lose this important free benefit.
In addition to abolishing these critical new benefits, H.R. 6079 would also eliminate the requirement that insurance companies spend 80 percent of premium dollars on benefits as opposed to administrative costs and executive compensation. 44,998 New Jersey residents with private insurance would lose $7,670,066 in rebates that are anticipated to be issued this summer as a result of this provision. Furthermore, by repealing the Affordable Care Act, 73,000 young adults in New Jersey would see their insurance provided under health care reform revoked.
"This marks the second time that the majority has attempted to repeal the Affordable Care Act this Congress. The Supreme Court has upheld this law and now we must move forward and concentrate on legislation that supports jobs," expressed Congressman Sires. "Our nation cannot afford to focus on efforts to revert back to a system where insurance companies' needs were placed before people."