Pending Healthcare Legislation Spells Increased Costs for Senior Citizens
Washington DC (PRWEB) February 6, 2011
The “Affordable Care Act” decreases costs to seniors for preventive care, but the 112th Congress is considering repealing this valuable legislation. According to the Congressional Budget Office, repealing the health reform would add $ 230 billion to our federal deficit by 2021.
The National Council on Aging and CBSaver stand together in giving a voice to senior citizens nationwide; their contributions to improving the quality of life for citizens over the age of 65 are admirable. While the National Council on Aging seeks to improve the lives of older citizens, CBSaver, a cable bill negotiations service seeks to directly expand senior citizen’s budget by decreasing their cable bills.
According to Alexander Per, an economist with CBSaver, “Our internal databases show that clients over the age of 65 save 63.7% more on their cable bills by using CBSaver.com than clients under the age of 65. Senior citizens have become a clear target of price discrimination.”
The 1996 Telecommunications Act strips the FCC of the legal authority to review cable rates. All that is required for cable companies to raise rates is some form of public notice, no matter how obscure. The FCC’s most recent Report on Cable Industry Prices found that the cost of expanded basic cable service has grown by 122% since 1995, from $ 22.35 to $ 49.65. The Consumer Price Index (CPI) has risen only 38.4% over the same period.
Effective since April 1, 2007, The “Pharmaceutical Assistance for the Aged and Disabled” program has helped seniors with their cable bills using Comcast in New Jersey; however this does not protect them from excessive cable bill increases as compared to CPI. The consumer must opt-in to this program by providing proof of eligibility. According to Alexander Per, “Companies such as CBSaver are open to all cable customers and in 84% of the cases can provide more monthly savings without the hassle.”
In an effort to help balance senior citizen’s budgets with pending health care cost increases, CBSaver recommends cutting down on unnecessary cable equipment and considering bundling services, but there is no need to change your service or your contract; CBSaver slashes the cost of hundreds of cable bills a day while keeping your current contract and services in tact.
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