U.S. Senators Tammy Baldwin, Debbie Stabenow and Sherrod Brown Introduce Legislation to Expand Medicare and Reduce Health Care Costs
"Wisconsinites have sent a clear message to Washington that they want us to work together to expand access to health care and lower costs."
WASHINGTON, D.C. – U.S. Senators Tammy Baldwin, Debbie Stabenow (D-MI) and Sherrod Brown (D-OH) today introduced the Medicare at 50 Act to give people between the ages of 50 and 64 years old the option of buying into Medicare. Millions of Americans who are approaching retirement or are being forced to retire early due to layoffs or mandatory retirement face increasing health care needs and rising costs.
“Wisconsinites have sent a clear message to Washington that they want us to work together to expand access to health care and lower costs,” said Senator Baldwin. “Our legislation will give millions of older Americans another choice for more affordable, quality health insurance coverage. For people between the ages of 50 and 64, this is a high quality option that can help reduce health care costs and increase competition in the marketplace.”
“Our legislation is a win-win for American families,” said Senator Stabenow. “It will help strengthen Medicare and lower costs and improve care for millions of people.”
Allowing more Americans to buy into Medicare has the potential to lower their costs, reinforce the existing Medicare program, and strengthen the existing health insurance marketplace. Recent polling from the Kaiser Family Foundation indicates that 77 percent of people strongly support giving people between the ages of 50 and 64 the option to buy Medicare.
Today, 27 percent of adults approaching retirement are not confident that they can afford health insurance over the next year, and more than a quarter have issues navigating health insurance options, coverage decisions, and out-of-pocket costs. Many did not get the care they needed because of how much it would cost or kept a job or delayed retirement to keep their employer-sponsored health insurance.
U.S. Senators Richard Blumenthal (D-CT), Cory Booker (D-NJ), Ben Cardin (D-MD), Tammy Duckworth (D-IL), Dick Durbin (D-IL), Kirsten Gillibrand (D-NY), Kamala Harris (D-CA), Martin Heinrich (D-NM), Amy Klobuchar (D-MN), Patrick Leahy (D-VT), Ed Markey (D-MA), Jeff Merkley (D-OR), Gary Peters (D-MI), Jack Reed (D-RI), Jeanne Shaheen (D-NH), Tina Smith (D-MN) and Sheldon Whitehouse (D-RI) also cosponsored the Medicare at 50 Act. Congressmen Brian Higgins (NY-26), John Larson (CT-01), Joe Courtney (CT-02), and Peter Welch (VT-AL) introduced companion legislation in the House.
Mentioned in This Press Release
Recent Press Releases by U.S. Sen. Tammy Baldwin
U.S. Senator Tammy Baldwin Statement on Senate Vote to Terminate President Trump’s Declaration of a National EmergencyMar 14th, 2019 by U.S. Sen. Tammy Baldwin
"Our Constitution is very clear that Congress has the power of the purse and President Trump can’t just steal the purse and spend money on whatever he wants."
U.S. Senator Tammy Baldwin Introduces Reform to Protect Health Care and Social Services Workers from Workplace ViolenceMar 14th, 2019 by U.S. Sen. Tammy Baldwin
Legislation creates standard requiring health care and social service employers to implement workplace violence prevention plan and protect employees from violent incidents
Senator Baldwin and Representative Pascrell Reintroduce Tax Reform to Close Tax Loophole for Millionaires and Billionaires on Wall StreetMar 13th, 2019 by U.S. Sen. Tammy Baldwin
President Trump broke promise to close tax loophole. Legislation would end carried interest tax loophole for Wall Street hedge fund managers