President Biden and Vice President Harris Are Restoring and Expanding Black Seniors’ Benefits

President Biden and Vice President Harris are delivering on their promises to America’s seniors, including Black seniors. The Biden-Harris administration is protecting and strengthening Social Security and Medicare benefits and successfully passed the historic Inflation Reduction Act, which capped insulin costs at $35 a month for seniors, drastically lowering prices for the third of Black Medicare beneficiaries who are affected by diabetes. 

Meanwhile, Donald Trump tried to cut funding for Social Security and Medicare every year he was in office and plans to take away Black seniors’ health care if given another term. President Trump has made it clear he doesn’t care about America’s seniors  — President Biden and Vice President Harris are the only candidates fighting to maintain the retirement benefits that Black Americans have earned and deserve.

The Biden-Harris administration has repeatedly stood up to Trump and his extreme MAGA allies who want to cut funding to Social Security and Medicare. 

AARP: “‘If anyone here tries to cut Social Security or Medicare or raise the retirement age I will stop them,’ Biden said. ‘I will protect and strengthen Social Security and make the wealthy pay their fair share.’”

Social Security Administration: “African Americans receiving benefits are helped by Social Security’s cost-of-living protection which guarantees a benefit that is annually adjusted for inflation.”

The Guardian: “Joe Biden swiftly seized on Donald Trump’s suggestion that he would cut ‘entitlements’ like social security and Medicare if re-elected, saying: ‘Not on my watch.’”

Washington Post: “President Trump pledged on Saturday to pursue a permanent cut to the payroll taxes that fund Social Security and Medicare if he wins reelection in November, a hard-to-accomplish political gambit that some experts see as a major headache for the future of the country’s entitlement programs.”

Mediaite: “During a Fox News town hall, President Donald Trump promised to cut entitlements like Medicare and Social Security if were to win a second term. … ‘But if you don’t cut something in entitlements, you will never really deal with the debt,’ town hall co-moderator Martha MacCallum interjected, alluding to social safety programs like Medicare, Medicaid, and Social Security. ‘Oh, we’ll be cutting,’ Trump rushed to confirm.”

While Trump is vowing to rip away Black seniors’ health care if reelected, President Biden is strengthening and protecting the Affordable Care Act, which has significantly reduced racial disparities in health care among Black Americans.

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

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

AARP: “ACA Has Led to More African Americans Getting Health Insurance”

The number of Black Americans under age 65 without health insurance has dropped by 40 percent since the implementation of the Affordable Care Act (ACA), according to a new report by the U.S. Department of Health and Human Services.”

“In 2011 about 7.1 million African Americans lacked coverage, but by 2019 that number had dropped to 4.4 million, according to the report by researchers in HHS’s Office of the Assistant Secretary for Planning and Evaluation (ASPE).”

TheGrio: “Trump ‘coming for’ Black America’s health care with Obamacare vow” 

“Former President Donald Trump is vowing yet again to repeal the Affordable Care Act, popularly known as Obamacare, which would have devastating impacts on Black communities and their access to affordable and quality health insurance.” 

“On his social media platform, Truth Social, Trump, the leading 2024 Republican presidential candidate, wrote that he is ‘seriously looking at alternatives’ to Obamacare, which he argued is too costly.”

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

President Biden delivered on his promise to cap insulin at $35 a month for seniors on Medicare, drastically lowering prices for the roughly 38% of Black Medicare beneficiaries who take insulin to manage their diabetes.

The Root: “Here’s How Biden’s Inflation Act Helps Black Americans With Diabetes”

“Over five million Black Americans live with diabetes, according to the American Diabetes Association. Roughly 19 percent of all African Americans in the United States over 20 years old have diabetes, compared to just 7 percent of all white Americans.

“This could be a huge improvement for many Black Medicare recipients who receive drug coverage and also take insulin. As of 2011, roughly 38 percent of Black Medicare beneficiaries had diabetes, according to the Kaiser Family Foundation. And nearly a third of Black Medicare beneficiaries reported health care cost-related problems in 2018.”

CNN: “More Americans can now get insulin for $35” 

“Congress, the White House and new players in the market have increased pressure on insulin manufacturers to lower their prices. Eli Lilly and Sanofi announced that they would institute $35 caps shortly after President Joe Biden called on drugmakers to do so in his State of the Union address last year.” 

AARP: “The new prescription drug law allows Medicare for the first time ever to negotiate the prices of some high-cost drugs, starting with 10 medications whose prices are being negotiated this year. Biden called on Congress to next allow Medicare to more than double the number of high-cost prescriptions drugs whose prices the government can negotiate each year.  ‘It’s time to go further and give Medicare the power to negotiate lower prices for 500 drugs over the next decade,’ he said.” 

President Biden is making sure Black seniors have the opportunity to remain in their homes as they age, allowing them to retire with dignity and respect.

Federal Housing Administration: “Similarly, FHA remained the

leader by share for mortgages supporting wealth-building for Black and Hispanic borrowers. Lastly, almost 33,000 senior homeowners were able to age with stability and security in their own homes in fiscal year 2023 thanks to FHA’s Home Equity Conversion Mortgage programs.”