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READ Congresswoman Bordallo's release in FULL below:
U.S. Supreme Court Upholds the Affordable Care Act
FOR IMMEDIATE RELEASE – June 28, 2012 – Washington, D.C. –
Congresswoman Madeleine Z. Bordallo today issued the following statement regarding the U.S. Supreme Court’s decision to uphold the historic Affordable Care Act, including the individual mandate and a provision that requires states to comply with new eligibility requirements for Medicaid.
The Court upheld the individual mandate under the tax power of Congress. The ACA was created to reform health insurance by reducing the overall cost of healthcare, expanding coverage, strengthening Medicare, setting up health insurance exchanges, and ending discrimination based on pre-existing conditions. The ACA was enacted in March 2010.
The ACA provided for $6.3 billion in additional funding for Medicaid in the territories from Fiscal Year 2011 through Fiscal Year 2019, and increased the territories’ Federal Medical Assistance Percentage (FMAP) from 50 percent to 55 percent. As a result, Guam received an additional $268.3 million in Medicaid funding for incremental distributions from FY2011 to FY2019. These additional funds have effectively removed Guam’s Medicaid cap.
For more information on how the Affordable Care Act has benefitted Guam, please visit the Affordable Care Act website.
“Today, the Supreme Court has affirmed the constitutionality of long overdue health reforms that are already benefitting millions of Americans across the country. This decision is a victory for all Americans, especially women, children, seniors and all those who were discriminated against or were denied coverage due to pre-existing conditions before the enactment of the Affordable Care Act,” said Congresswoman Bordallo. “This landmark legislation was created to expand coverage and reduce the cost of insurance for more Americans and protect them against insurance company abuses. In particular, the Affordable Care Act has worked to address health disparities and has significantly increased funding for Medicaid services on Guam. This provision provided more than $268 million in additional Medicaid funding spread over fiscal years 2011 to 2019.
“I am pleased that the Court has upheld this law and its intent—to provide access to quality and affordable health insurance and to ensure that health care would be a right, not a privilege, for all. It’s important for individuals to take care of their families, and the Affordable Care Act will enable them to do so.”
Millions of Americans are Already Seeing the Benefits of the Affordable Care Act
*Nearly 13 million Americans will benefit from $1.1 billion in rebates from insurance companies this summer.
*54 million Americans in private plans have received one or more free preventive services.
*In August, millions of women will begin receiving free coverage for a package of comprehensive women’s preventive health services.
*In addition, in 2011, 32.5 million seniors received one or more free preventive services. So far in 2012, 14 million seniors have already received these services.
*105 million Americans no longer have a lifetime limit on their coverage.
*Up to 17 million children with pre-existing conditions can no longer be denied coverage by insurers.
*6.6 million young adults up to age 26 have taken advantage of the law to obtain health insurance through their parents’ plan, of whom 3.1 million would be uninsured without this coverage.
*5.3 million seniors in the ‘donut hole’ have saved $3.7 billion on their prescription drugs.
*In 2011, 2.3 million seniors had a free Annual Wellness Visit under Medicare. So far in 2012, 1.1 million seniors have already had this free visit.
*In 2011, 360,000 small employers used the Small Business Health Care Tax Credit to help them afford health insurance for 2 million workers.
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