The Republican plan could sunset Medicare for about 1.28 million Hoosier Seniors after five years
INDIANAPOLIS – The Indiana Democratic Party, the organization that advocates for the future of Indiana and its families, today criticized U.S. Senator Todd Young and Indiana Republicans for endorsing a plan that could be disastrous for the Indiana seniors who rely on Medicare. Under the Republican plan, all federal legislation – including Medicare – would sunset after five years. This means that Indiana seniors could potentially be on the hook for their own insurance and medical costs, when Medicare currently makes $729,526,036.25 in payments for Indiana recipients each month. That’s $6,850.03 per-person per-year.
“Hoosier seniors have been paying into Medicare for decades and they rely on the affordable care it provides. The last thing they need is Republicans like Todd Young leaving them on the hook for thousands of dollars in health care costs. While Republicans only have plans that would sunset Medicare and raise health care costs, Indiana Democrats are doing everything we can to protect Medicare and lower health care costs for everyone,” said Lauren Ganapini, executive director of the Indiana Democratic Party.
While Republicans are threatening seniors’ hard earned benefits, like Medicare and Social Security, President Biden and Indiana Democrats have proposed lowered health care costs, and pushed for measures to bolster Social Security and responsibly reduce the deficit without touching Medicare or Social Security by making billionaires pay their fair share in taxes – while also lowering costs for working families.