Bipartisan Lower Costs, More Transparency Act Saves Seniors Money, Strengthens Medicare

Sep 20, 2023
Blog
Health

The Lower Costs, More Transparency Act is good news for seniors. That is why the Association of Mature Americans Citizens (AMAC) and AARP support it. It will drive down the costs of health care and strengthen the Medicare program. Here’s what you need to know: 

  • Right now, America’s seniors are being forced to pay more out-of-pocket for the exact same treatment, by the exact same doctor, in the exact same office, if that doctor’s office is owned by a hospital. It's a legal gimmick that is putting seniors into medical debt. The Lower Costs, More Transparency Act bans this practice and makes health care more affordable for seniors.
  • Medicare is running out of money and growing at an unsustainable rate. The bill also saves Medicare money. This is how we preserve benefits for seniors while also making sure the program is strong for future generations. 
  • The “site neutral” policies included in the Lower Costs, More Transparency Act have been praised by conservative experts, like Bob Moffit and Bobby Jindal, for how they strengthen the health care system through less consolidation and lower costs. 

Bottom line: the Lower Costs, More Transparency Act will strengthen Medicare for current seniors and generations to come. 

CLICK HERE to more from former Speaker Newt Gingrich about the benefits of price transparency in health care. 

CLICK HERE to read more about how the Lower Costs, More Transparency Act will help patients. 

CLICK HERE to read the section-by-section summary.