Following pressure from Rep. Tom Reed and congressional colleagues, the Centers for Medicare and Medicaid Services (CMS) announced this week its decision to reverse a number of planned cuts to the Medicare Advantage program that would result in fewer benefits, higher out-of-pocket costs, and possible loss of coverage for seniors. More than one million New Yorkers enrolled in a Medicare Advantage plan would have been affected. “The impact on our seniors would have been devastating – increasing he...
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The President’s health care law recently saw its third anniversary but Rep. Tom Reed sees no reason to celebrate. “The law’s negative impacts remain a huge concern as we continue to see jobs, wages, and hours threatened,” Reed said. “Three years later and the President’s health care law is not living up to its promises. Instead, it is failing both employees and employers.” A Federal Reserve report released earlier this month found the law slows hiring and increases costs. The report stated that ...
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Reed visits Emeritus at Painted Post retirement community to meet with residents and family members Rep. Tom Reed continues his outreach to senior citizens in the 23rd district with a visit to Emeritus at Painted Post Retirement Community to talk with residents and listen to their concerns. “We hear from many of our senior citizens that they are worried about any plans that would cut their Social Security and Medicare benefits,” Reed said. “That is why it is important we reach out and make it c...
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Each year in November, National Diabetes Month is observed to raise awareness of the disease and encourage individuals to speak with their health care providers about their potential risk. “It is important that we not limit our focus of diabetes to the month of November, but make a commitment to raise awareness of this ever-growing disease each month of the year,” Congressman Tom Reed said. “Diabetes is very personal to me, as my son lives every day with this disease. I urge everyone to be awar...
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Congressman Tom Reed questioned Internal Revenue Service (IRS) leaders at a committee meeting regarding Obamacare and came away very concerned about the tax agency’s readiness to fully implement the Affordable Care Act next year. Yesterday, the Subcommittee on Oversight of the House Committee on Ways and Means held a hearing on Internal Revenue Service Implementation and Administration of the Affordable Care Act. The purpose of the hearing was to review the IRS’s progress in implementing various...
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Congressman Tom Reed is calling the full implementation of Obamacare a “calamity” for seniors as the new health care law cuts $500 billion from Medicare over 10 years. “All in all, this law means higher costs and less access for senior citizens through the law's immediate cuts to Medicare. Bottom line, Medicare needs to be preserved, not cut like this law does," Reed said. According to President Obama’s proposed budget, $206 billion of the $500 billion in Medicare cuts comes from the popular Me...
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At a press conference at the Chemung County Chamber of Commerce in Elmira this morning, Congressman Tom Reed discussed the Affordable Care Act’s negative impact on the local economy. “The taxes and mandates of Obamacare are discouraging job creation,” Reed said. “Full implementation of this law will require one of the largest tax increases on individuals and businesses in history. Small businesses, which create two out of every three new jobs, will be hit particularly hard by the tax increases....
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“I respect the Supreme Court’s decision to essentially uphold Obamacare, but I am very troubled by the ramifications. This decision greatly expands the government’s ability to tax and interfere in people’s lives. This is bad news for patients, taxpayers and the economy. “Health care premiums continue to rise at a rate much higher than inflation and the mandates of the act are having a chilling impact on job creation. Businesses legitimately fear anticipated cost increases when the law is fully ...
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Calling it an effort to save manufacturing jobs, Congressman Tom Reed voted in favor of the Health Care Cost Reduction Act today. The bill will repeal a 2.3 percent tax on medical devices including defibrillators, pacemakers and prosthetic limbs which is scheduled to take effect on Jan.1, 2013. Reed is one of a bipartisan group of co-sponsors of the legislation. “Tax increases on manufacturers cost manufacturing jobs,” Reed said. “At the same time, we are trying to control health care costs. It ...
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Congressman Tom Reed today voted to repeal the Independent Payment Advisory Board (IPAB) established by the so-called “Obamacare” Patient Protection and Affordable Care Act. IPAB is a board of unelected bureaucrats charged with determining what services will and will not be paid for by Medicare as the law is fully implemented in 2013 and 2014. “Most of the healthcare law's tax increases, Medicare cuts, and direct impacts on patients are back loaded to take effect after the 2012 election,” Reed c...
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