The bill passed by House Democrats includes a provision introduced by New York Congressman Antonio Delgado that would alter the eligibility for low-income seniors within Medicare Part D.
The Delgado’s legislation would exclude certain retirement accounts from being considered when determining whether a senior qualifies for a low-income subsidy.
The freshman Democrat says older Americans shouldn’t be discouraged from saving for retirement
“Right now, if you are a senior and you’re accessing your hard-earned benefits, your 401-K, that counts against you for eligibility for low-income subsidies as it pertains to Medicare. That’s inexcusable. So, I want to make sure we allow our low-income seniors to both access their hard-earned funds without being penalized for doing so, and receive low-income subsidies as it pertains to Medicare,” says Delgado
Delgado’s district runs from the Hudson Valley through the Catskills and includes the Broome County Town of Sanford.
You can see our entire interview with Congressman Delgado at https://www.binghamtonhomepage.com/local-news-2/watch-representative-anthony-delgado-speaks-about-medicare/