We, the undersigned, are calling on Congress to take immediate action to End the Biden-Harris Administration’s Raid on Medicare that has resulted from their failed Inflation Reduction Act (IRA) spending bill. Nearly two years after its passage, the IRA has financially weakened Medicare and imposed devastating new costs on millions of older Americans, and it is now critical to undo the damage done by the Biden-Harris White House and their misguided agenda.
Many in Congress foresaw the toll the IRA would have on America’s seniors and helped lead the fight against it. We thank them for doing so and now ask that they do so again to End the Raid on Medicare for the following reasons:
Reason #1 – The IRA immediately raided an estimated $260 billion in projected Medicare drug savings to pay for liberals’ special interest handouts like big tax credits for costly electric vehicles, large subsidies paid to big health insurer-PBM corporations, and funding healthcare programs for illegal immigrants.
Reason #2 – The IRA was sold to seniors as a means to lower their healthcare costs. Instead, it has caused Medicare Part D premiums to skyrocket 20-50%, reduced Part D Drug Plan options (potentially kicking as many as two million seniors off their current plans) and led to potential patient access restrictions to critical treatments. Many plans are now warning there will be even greater cost increases and restrictions next year.
Reason #3 – The IRA has failed to deliver any meaningful relief from inflation or high prices as promised by supporters. Nearly two years after the IRA passed, recent polling shows over 85 percent of older Americans say consumer costs have gone up and nearly 90 percent haven’t seen their own drug costs go down. Accordingly, around 80 percent of American seniors now view the IRA as a failure.
The Biden-Harris failed IRA spending bill didn’t improve or protect Medicare – it stole from Medicare. As a result, liberal politicians were able to use Medicare as a piggy bank to fund wasteful green energy programs, Washington bureaucrats gained more power over patients and their doctors, big insurer-PBM corporations got richer and bigger. And sadly, it’s America’s seniors and taxpayers who are now suffering the consequences and paying the bills.
It’s time to End the Raid on Medicare! There are far better free market solutions to lower healthcare costs that put patients, families, and older Americans first – not politicians and corporate special interests. You helped lead the fight against the IRA and we now call upon you to renew your efforts by amplifying your voice on these critical issues and to immediately protect Medicare from further assaults from the Biden-Harris Administration, and you will have our full support in doing so.
Sincerely,
[Your Name]
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