6 Myths About the Health Care Law

There have been a lot of misconceptions regarding the Patient Protection and Affordable Care Act, also known as  Obamacare. As a service to our members, we thought it would be a good idea to discuss some of the myths vs. facts regarding this significant law. Myth: The ACA is hurting small businesses by forcing them to provide health insurance and is limiting their hiring potential. Fact: The ACA does not require most small businesses to provide health insurance to their …

Historic FDA Approval May Help Lower Drug Costs

AARP applauds the FDA’s approval of the first biosimilar prescription drug product in the U.S. It is a welcome step toward a workable approval process that will provide consumers with much-needed access to safe, effective biosimilar drugs, as envisioned by the Biologics Price Competition and Innovation Act in the Affordable Care Act. Today’s announcement marks the beginning of what AARP hopes will be a robust market that will offer consumers access to lower-cost alternatives to very expensive biologic medicines, such as those …

Supreme Court Hears Challenge to Health Care Law

For the second time in three years, the federal Affordable Care Act went before the Supreme Court on Wednesday. And before a packed courtroom, a divided group of justices mostly picked up right where they left off the last time. Once again, commentators and experts were left to wonder where Chief Justice John Roberts and Justice Anthony Kennedy, considered swing votes in the case, stand. A decision is expected by the end of June. Unlike in 2012, the current case, …

5 Things to Know About the Obamacare Court Case

The Affordable Care Act is once again before the Supreme Court. On March 4, the justices will hear oral arguments in King v. Burwell, a case challenging the validity of tax subsidies helping millions of Americans buy health insurance if they don’t get it through an employer or the government. If the court rules against the Obama administration, those subsidies could be cut off for everyone in the three dozen states using healthcare.gov, the federal exchange website. A decision is …

Tax Time Reprieve for Obamacare Procrastinators

The Obama administration said Friday it will allow a special health law enrollment period from March 15 to April 30 for consumers who realize while filling out their taxes that they owe a fee for not signing up for coverage last year. The special enrollment period applies to people in the 37 states covered by the federal marketplace, though some state-run exchanges are also expected to follow suit. >> See how Life@50+ can impact your life – Register today » …

5 Things to Know for Feb. 15 Obamacare Sign-Up Deadline

Feb. 15 is the enrollment deadline for coverage under the Affordable Care Act, now in its second year. Here are five developments as the deadline approaches: 1. The number of enrollees for 2015 has exceeded Department of Health and Human Services predictions by more than a million. As of the first week in February, HHS estimates, about 7.5 million people were automatically reenrolled or newly enrolled in federal exchanges in 37 states, with a total of about 10 million covered …