Commonwealth Fund Offers Tips on Health Reform Law
September 8, 2010 - Reports & Studies
The Affordable Care Act (ACA) has many provisions relevant to older adults who may someday need long-term services and supports. Most of them are near retirement age or are already enrolled in Medicare, which begins at age 65. The law includes “A temporary reinsurance program [that] will help offset the costs of expensive premiums for employers providing retiree health benefits,” according the Commonwealth Fund, which developed the guide, “What Will Happen Under Health Reform and What’s Next,” and timeline showing when the different parts of the legislation begin operating.
The new law also “will provide $250 rebates to beneficiaries who hit the Part D prescription drug coverage gap known as the ‘doughnut hole,’” Commonwealth said.