Senator Leahy knows the importance of Medicare in providing crucial health services and is committed to ensuring these benefits are strong for current and future generations. In 2014, the Medicare Board of Trustees announced that the solvency of the Medicare Trust Fund would remain solvent 13 years longer than previous estimates due to the Affordable Care Act. The Affordable Care Act is reducing costs, increasing revenues, improving benefits and combating fraud and abuse in the program, continuing to support this vital program into the future.
Senator Leahy is proud to cosponsor the Medicare Drug Savings Act, which would require drug manufacturers to provide rebates for drugs dispensed to low-income individuals in the Medicare prescription drug benefit program.
He is committed to fixing the long-outdated and distorted Sustainable Growth Rate (SGR) formula, which was originally created to calculate Medicare reimbursement to providers based on the projected growth of the economy. In the 114th Congress, Leahy supported the Medicare Access and Children’s Health Insurance Program (CHIP). In April of 2015, the President signed into law the Medicare Access and Children’s Health Insurance Program (CHIP) Reauthorization Act of 2015 to permanently repeal SGR.
If you have a question regarding your Medicare benefits, or you need help signing up for Medicare, please contact Senator Leahy’s office.