Latino Seniors Are Benefitting Significantly from President Biden and Vice President Harris’ Agenda to Protect and Enhance Their Benefits

As President Biden and Vice President Harris continue to deliver historic progress in reducing costs and expanding access to health care, Trump is threatening to terminate the Affordable Care Act, cut Medicare and Social Security, and put the health care coverage of 4.3 million Latinos at risk, including Latino seniors. For Latino communities who already face health care disparities, this isn’t just about politics — it’s about our livelihoods and that of our families. 

Latino seniors deserve a president who fights for them, and President Biden and Vice President Harris are leading the charge in this fight. Another Trump term means millions of Latinos and working families would lose their health insurance, while health care costs and the cost of prescription drugs would shoot through the roof, putting his Big Pharma donors ahead of American seniors. 

Meanwhile, President Biden is fighting for us, protecting essential benefits such as Social Security and Medicare, capping insulin at $35/month, and more. When it comes to taking action, President Biden and Vice President Harris are the only ones fighting for the dignity of our seniors and protecting their hard-earned benefits.

President Biden has vowed to protect Social Security for America’s seniors, which includes over 4.6 million Latino seniors. Meanwhile, Trump and MAGA Republicans want to end Social Security as we know it. 

Social Security Administration: “Hispanics benefit from the guaranteed benefit that is annually adjusted for inflation. With longer life expectancies, Hispanics will live more years in retirement and benefit from Social Security’s cost-of-living protections.

“In 2021, the average annual Social Security income received by Hispanic men 65 years and older was $14,579, compared to $11,628 for Hispanic women.” 

Vox: “Trump just opened the door to Social Security cuts. Take him seriously.”

CNN: “Trump suggests he’s open to cuts to Medicare and Social Security after attacking primary rivals over the issue”

Vox: “Trump said he wouldn’t cut Medicaid, Social Security, and Medicare. His 2020 budget cuts all 3.”

Trump’s FY18, FY19, FY20, and FY21 budgets each proposed billions of dollars in cuts to Social Security programs.

2019 and 2020: Trump proposed budgets that included hundreds of billions of dollars in cuts to Medicare.

And Trump and his extreme MAGA minions also want to repeal the Inflation Reduction Act, ripping away its life-saving provisions such as capping seniors’ out-of-pocket costs for insulin at $35 per month – a provision that’s critical for Latinos who suffer from diabetes at a disproportionate rate. 

Axios: “Failure to include a monthly $35 insulin cap in the climate and health care bill that passed the Senate last weekend could especially affect Latinos.

The big picture: CDC data shows Latinos are 70% more likely than their white non-Hispanic peers to be diagnosed with diabetes.”

Kaiser Family Foundation: “The Inflation Reduction Act limits monthly cost sharing for insulin products to no more than $35 for Medicare beneficiaries.”

Axios: “RSC budget revives conservative health priorities”

“The Republican Study Committee today laid out a budget proposal that suggests a health policy blueprint if the GOP controls the White House and at least one chamber of Congress next year.

“The health care section… calls for killing the Inflation Reduction Act and its drug price provisions. … It would remove many of the Affordable Care Act’s protections for pre-existing conditions.”

The Hill: “The [Inflation Reduction Act] has been in Republicans’ crosshairs ever since it passed. If they win the White House and both chambers of Congress in the upcoming election, they’re likely to aim for at least a partial repeal.”

President Biden is expanding and protecting the life-changing Affordable Care Act, which led to more than 15 million Latinos gaining health insurance. Before the ACA more than 4-in-10 Latinos were uninsured. Now, more than three-quarters of Latinos have health coverage. 

CBS News: “Data shows that prior to the 2013 implementation of the Medicaid expansion — a provision of the ACA that made more families eligible for Medicaid coverage — 40.2% of the Hispanic population, 24.4% of the Black population, and 14.5% of the White population were uninsured in America. However, by 2021, those numbers dropped significantly to 24.5%, 13.5%, and 8.2%, respectively.”

NBC News: “Hispanics have the highest rate of people without health insurance coverage and saw the largest drop in people without insurance under Obamacare.”

KFF: “Since implementation of the major ACA health coverage expansions in 2014, people of color have experienced large coverage gains that

helped narrow the longstanding racial and ethnic disparities in coverage. These gains reflected increases in both Medicaid and private coverage. Hispanics experienced the largest coverage gain.”

CNN: “Obamacare sign-ups hit record 21.3 million as Biden pushes his efforts to lower health care costs”

“Nearly 5 million more people signed up for Obamacare policies for this year compared with last year, the Centers for Medicare and Medicaid Services, which oversees the Affordable Care Act marketplaces, said Wednesday. Notably, about a quarter of people selecting plans were new consumers.”

The Hill: “Biden touts Affordable Care Act enrollment spike” 

“The White House is reporting strong enrollment numbers through the Affordable Care Act (ACA) one week after enrollment began, with 300,000 new customers signing up for plans already.”

Washington Post: “ACA linked to reduced racial disparities, earlier diagnosis and treatment in cancer care”

Meanwhile, Donald Trump wants to repeal the Affordable Care Act, even though it would be devastating for millions of Latino families.

Trump: “The cost of Obamacare is out of control, plus, it’s not good Healthcare. I’m seriously looking at alternatives. We had a couple of Republican Senators who campaigned for 6 years against it, and then raised their hands not to terminate it. It was a low point for the Republican Party, but we should never give up!”

Trump: “Obamacare is a disaster. And I said, ‘We’re gonna do something about it.’”

Daily Beast: “Trump Revives Plan to Dismantle Obamacare if Elected in 2024”

Mediaite: “‘OBAMACARE SUCKS!!!’ Trump Rants About New Plan — Years After He Promised It Was ‘Two Weeks’ Away”

New York Times: “Trump Administration Files Formal Request to Strike Down All of Obamacare” 

CNN:Obamacare has gotten popular. Trump doesn’t care”

New York Magazine: “Why a Second Trump Presidency Might Try Again to Repeal Obamacare”

Thanks to the ACA, insurance companies can no longer discriminate against people with preexisting conditions, and 6.1 million Latinos gained access to preventative care services without added out-of-pocket costs.

Dept. of Health and Human Services: “The law requires insurers to cover HIV screening without cost-sharing for individuals at high risk of infection. This is important for Hispanics/Latinos, who represent 20 percent of the total estimated number of HIV diagnoses among adults and adolescents. An estimated 6.1 million Latino Americans with private insurance currently have access to expanded preventive services with no cost-sharing because of the Affordable Care Act.

Kaiser Health News: “Following the ACA’s enactment in 2010 through 2016, coverage increased across all racial/ethnic groups, with the largest increases occurring after implementation of the Medicaid and Marketplace coverage expansions in 2014. Nonelderly Hispanic people had the largest percentage point increase in coverage, with their uninsured rate falling from 32.6% to 19.1%.”

Dept. of Health and Human Services: “Under the Affordable Care Act, health insurance companies can’t refuse to cover you or charge you more just because you have a ‘pre-existing condition’ — that is, a health problem you had before the date that new health coverage starts. They also can’t charge women more than men.”

President Biden is strengthening Medicare and Medicaid, while Donald Trump is trying to gut these programs.

U.S. Department of Health and Human Services: “Biden-Harris Administration Takes Historic Action to Increase Access to Quality Care, and Support to Families and Care Workers”

White House Fact Sheet: “The President’s Budget extends the life of the Medicare HI trust fund indefinitely, the Medicare Office of the Chief Actuary estimates. It achieves these gains without any benefit cuts—while, in fact, lowering costs for Medicare beneficiaries”

New York Times: “U.S. Labor Market Strength Steadied Social Security and Medicare Funds”

“The financial health of Social Security and Medicare, two of the nation’s most crucial safety net programs, has improved this year as a stronger-than-expected U.S. economy attracted more workers to the labor market, buttressing funding for the critical programs.”

Rolling Stone: “Trump Floats Cuts to Social Security and Medicare”