Senior citizens and other Medicare enrollees can now get a break on the cost of their insulin.
They won’t pay more than $35 a month for each insulin prescription that’s covered by their Medicare Part D plan. And they won’t be subject to a deductible for insulin.
The CTC isn’t a new tax credit — it’s been around since the 1990s. But as the nation struggled to emerge from the pandemic in 2021, lawmakers expanded the $2,000 credit to as much as $3,600. As part of that expansion, families received half of the CTC in monthly checks over six months, providing them with as much as $300 per child for each of those months.
That expanded tax benefit, which proved to be immensely popular with families, also helped lift millions of kids out of poverty. Once it expired in 2022, the poverty rate for children soared.
Wild how you can read all this and walk away thinking I’m the one who is wrong. They made the claim drug price reduction was only for elderly then linked a source that said it was for elderly and other Medicare enrollees. They made the claim CTC only lasted a year then linked a source that said it has been around since 1997 and is still around.
This should be a massive wakeup call to any reasonable person. If you still can’t see that his statements were completely false.
So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?
I find it unsurprising they can’t understand the dems didn’t continue a policy that both was popular and helped keep children out of poverty while still arguing they’re good
Especially if it’s like the student loan shit and can’t try implementing after spending an ungodly amount of time trying to setup means testing then get to blame gop for it being stopped. Bonus when just dropping it after because people wanted you to keep trying.
Why are you using the word primarily when the original comment said “only”. Just admit Medicare doesnt only include old people, its fine.
“Once it expired in 2022” they’re not talking about the CTC expiring. There they are talking about the recovery spending plan ending. The CTC still continued after 2022.
no, just the bit Biden did, the thing that was cited as one of his major accomplishments.
and c’mon; Insulin is cheaper for Medicare recipients. Insulin is cheaper for the elderly. It is, in effect, the same statement. You really quibbling over wording to try and scrape together a point?
Medicare includes disabled people of all ages and Insulin is used for people of all ages. Sure majority of the users are elderly but so what elder will always require the most medical care and any effort to bring that cost down for them is great.
You’re the one trying to attack the policy saying it ONLY affected elderly. It didnt only affectly elderly and that’s only affecting elderly isnt a reason against it.
The issue is the price gouging still exists for everyone who isn’t on Medicare. You have to either be old enough, or prove to the government that you fit their criteria for disabled before you get the reasonable price.
https://www.cnn.com/2023/01/09/politics/inflation-reduction-act-medicare-insulin-cap/index.html
https://www.cbsnews.com/news/biden-budget-tax-child-tax-credit-ctc-eitc-who-qualifies/
I’ll be amazed if they can read any of that and not go “erm actually that disagrees with my propaganda, I’m gonna call that fake news.”
Wild how you can read all this and walk away thinking I’m the one who is wrong. They made the claim drug price reduction was only for elderly then linked a source that said it was for elderly and other Medicare enrollees. They made the claim CTC only lasted a year then linked a source that said it has been around since 1997 and is still around.
This should be a massive wakeup call to any reasonable person. If you still can’t see that his statements were completely false.
One has given citations proving you wrong. One hasn’t proven themselves.
I’m gonna go with citations.
Their source is directly contradicting what they said in both instances.
So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?
You know medicare is primarily for retirees, right?
Edit: since you only read the first sentence I quoted from CBS, here’s the second:
and the fourth
I find it unsurprising they can’t understand the dems didn’t continue a policy that both was popular and helped keep children out of poverty while still arguing they’re good
This is liberalism 101. If it helps the poor and costs money, they’ll means test it until its underfunded and scrap it.
Especially if it’s like the student loan shit and can’t try implementing after spending an ungodly amount of time trying to setup means testing then get to blame gop for it being stopped. Bonus when just dropping it after because people wanted you to keep trying.
“Why do something people want, I wanna win an election!”
Why are you using the word primarily when the original comment said “only”. Just admit Medicare doesnt only include old people, its fine.
“Once it expired in 2022” they’re not talking about the CTC expiring. There they are talking about the recovery spending plan ending. The CTC still continued after 2022.
Why are you using the word primarily?
“Once it expired in 2022” they’re not talking about the CTC expiring.
no, just the bit Biden did, the thing that was cited as one of his major accomplishments.
and c’mon; Insulin is cheaper for Medicare recipients. Insulin is cheaper for the elderly. It is, in effect, the same statement. You really quibbling over wording to try and scrape together a point?
Medicare includes disabled people of all ages and Insulin is used for people of all ages. Sure majority of the users are elderly but so what elder will always require the most medical care and any effort to bring that cost down for them is great.
You’re the one trying to attack the policy saying it ONLY affected elderly. It didnt only affectly elderly and that’s only affecting elderly isnt a reason against it.
It’s within the governments power to lock prices. For something as medically necessary as insulin, anything less is a half measure.
It is and Biden did 10x more than just lock the price of insulin. So what’s the issue?
The issue is the price gouging still exists for everyone who isn’t on Medicare. You have to either be old enough, or prove to the government that you fit their criteria for disabled before you get the reasonable price.