Delgado Successfully Amends SHIELD Act to Combat Foreign Efforts to Suppress Rural Voter Turnout
Skyrocketing prescription drug costs are crushing our seniors. Meanwhile, seniors are being forced to choose between saving for retirement and life-saving medication. I spoke on the floor today about my bill, HR 4655, which removes retirement accounts from the determination of income eligibility under the Medicare Part D low-income subsidy program.
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Video Transcript
Thank you, Madam Speaker, I rise
today on behalf of seniors in upstate New York. This August, I
joined a forum with AARP in New Paltz on the need to address the
skyrocketing costs of prescription drugs in our communities.
I heard harrowing stories from seniors, many of whom are on
fixed income who have seen the medication they rely on triple
in price. The system is working against our seniors. Right
now, qualified covered retirement accounts are included
in determining income and eligibility under the Medicare Part
D Low-income Subsidy program, and this
means seniors must choose between saving for retirement and
life-saving medication. Saving for retirement shouldn't jeopardize
how low-income subsidies for Medicare Part D beneficiaries
are distributed. That's why I joined my colleagues introducing
HR 4655, the Enhancing Retirement Security for Medicare
Beneficiaries Act of 2019 to remove retirement accounts from
that determination and lower out-of-pocket cost for our seniors,
I urge my colleagues to support HR 4655.














