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(Washington, DC) -- Today, the House of Representatives introduced H.R. 3962, the Affordable Health Care for America Act. You can read the text of the legislation here: http://docs.house.gov/rules/health/111_ahcaa.pdf
Key components of the Affordable Health Care for America Act:
The legislation cuts the deficit by about $30 billion in the first ten-years (2010 – 2019). CBO has indicated that in the period of 2016-2019, savings and revenues will grow significantly faster than coverage costs.
- Reins in Wasteful Medicare Costs while Improving Benefits for Seniors
The legislation reduces annual growth in Medicare expenditures by 1.3 percentage points per year.
The Affordable Health Care for America Act achieves these key goals:
- It provides more security and stability to those who have health insurance
- It Provides affordable insurance to those who don’t,
- And it lowers the cost of health care for our families, our businesses, and our government.
The Affordable Health Care for America Act preserves the values we cherish as Americans:
- choice—of doctors, providers and plans;
- strong doctor-patient relationships—free from government interference, and;
- accountability—to avoid profiteering and discrimination based on pre-existing conditions.
Additionally, the Affordable Health Care for America Act will reverse years of unfair insurance company practices:
- no discrimination for pre-existing conditions,
- no exorbitant out-of-pocket expenses, deductibles, or co-pays,
- no cost-sharing for preventive care,
- no dropping of coverage for the seriously ill,
- no gender discrimination,
- no annual or lifetime caps on coverage,
- extended coverage for young adults, and
- guaranteed insurance renewal.
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