Advocacy / Politics / Support Letters

Repeal the Annual Fee on Health Insurance Providers Enacted by the Affordable Care Act H.R. 763

AMAC is proud to report that it has given its stamp of approval to H.R. 763, a bill that seeks to repeal the annual fee on health insurance providers enacted by the Patient Protection and Affordable Care Act, known more commonly as “ObamaCare.”  Earlier this week, AMAC personally delivered a letter of support to the office of Representative Charles Boustany (R-LA), commending his effort to address a crucial change necessary to unburden the public – particularly mature Americans and seniors – from a harmful tax that will force insurers to raise prices on health care premiums.  At a time of widespread uncertainty regarding the implementation of ObamaCare and the state of the economy, seniors cannot afford to see their health care costs increase again.  As an organization ardently committed to protecting older Americans from unnecessary overreach by the Federal government, AMAC is pleased to endorse H.R. 763 as a critical legislative step in limiting the excesses of ObamaCare.

Print a copy of the letter here

June 18th, 2013

The Honorable Charles Boustany
3rd District, Louisiana
U.S. House of Representatives
1431 Longworth Building
Washington, DC 20515

Dear Representative Boustany,

I am writing today on behalf of the 739,000 members of AMAC, the Association of Mature
American Citizens, to offer our strong support for H.R. 763, a bill that seeks to repeal the annual fee on health insurance providers enacted by the Affordable Care Act. This timely piece of legislation addresses a crucial change necessary to unburden the public – particularly mature Americans and seniors – from the harmful impacts of the Patient Protection and Affordable Care Act (PPACA), known more commonly as “ObamaCare.”

H.R. 763 justly repeals the harmful tax imposed on insurance providers in section 9010 of the PPACA. As one of the most troubling provisions in ObamaCare, this tax will force insurers to raise the prices of premiums – hurting businesses and hard-working taxpayers in the process – while doing nothing to lower the overall cost of health care.

The Joint Committee on Taxation estimates that ObamaCare’s tax on insurance providers will result in $101.7 billion of Federal revenue over the next decade – hitting individuals, small businesses, and seniors the hardest. Beginning next year, seniors participating in Medicare Advantage will be subject to $220 in reduced benefits and higher out-of-pocket expenses, according to a recent study conducted by consulting firm Oliver Wyman.

At a time of widespread uncertainty regarding both the implementation of the PPACA and the state of the economy, seniors cannot afford to see their health care costs increase again. As an organization committed to protecting mature Americans from unnecessary overreach by the Federal government, therefore, we fundamentally reject this onerous exercise of taxation that would encumber all Americans taxpayers, including seniors. Thanks to your leadership and attention, AMAC is proud to support H.R. 763, a critical legislative step in limiting the excesses of PPACA.

Sincerely,
Dan Weber
President and Founder of AMAC

Print a copy of the letter here

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