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What does repealing the Affordable Care Act/Obamacare mean for you?

If you are receiving Medicare benefits you can expect to see changes if the Affordable Care Act(ACA)/Obamacare is repealed.  When the Affordable Care Act/Obamacare was first enacted it added enhancements to existing Medicare benefits.

  • The ACA significantly decreased the number of uninsured. A repeal of the ACA would once again increase the number of uninsured passing that cost on to hospitals, doctors, other providers and patients including people on Medicare.  Expect an increase in Medicare Part A and B deductibles and copayments.
  • The ACA added Preventive Services at no cost to you. If the ACA is repealed, expect to pay for your annual Well Visit, PSA Test, Mammogram and flu and pneumonia vaccines, among many others.
  • The ACA has been lowering the cost of the doughnut hole. If the ACA is repealed it means the return of the doughnut hole. For those in the doughnut hole they may have to again pay 100% of the cost of their prescriptions, as they did prior to the ACA.

For more information:

National Associations of Area Agencies on Aging:

http://www.n4a.org/files/ACA_PolicyBrief_Jan2017_final.pdf

Kaiser Family Foundation:

http://kff.org/health-reform/issue-brief/what-are-the-implications-of-repealing-the-affordable-care-act-for-medicare-spending-and-beneficiaries/

 

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