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H.R.1950 Protect Social Security and Medicare Act
Protects Social Security and Medicare from privatization and benefit cuts (119th Congress)
View on Congress.govLegal & Constitutional Grounding
MA privatization costs $83B/year more than traditional Medicare without better outcomes.
MedPAC March 2024: MA overpayments $83B; privatization increases costs without quality improvements
- CMS: 67M Medicare, 70M SS beneficiaries
- 42 U.S.C. § 401 and § 1395
Protects Social Security and Medicare from privatization and benefit cuts. Privatization proposals have documented risks of reducing benefits and increasing costs for the 67 million Medicare beneficiaries and 70 million Social Security recipients.