The just-released Senate bill, the Better Care Reconciliation Act (BCRA), is very bad news for older adults. The bill would reduce financial assistance (premium tax credits and cost-sharing subsidies) and change rules on how much premiums can vary by age (age rating). As a result, people ages 50 to 64 would have to pay thousands of dollars more in premiums to buy health insurance in the individual (nongroup) market.
Cheering their new grads at college commencements this month, parents will likely give another hurrah: No more tuition! But there's another cost that might well linger on for parents of high school and college grads: the cellphone bill.
A congressman is expressing confidence that a bill he sponsored - to fix a problem faced by many Medicare patients who are left without coverage for skilled nursing care - will pass this year.
Even if you aren't familiar with the Older Americans Act, you probably know of services it makes possible: Meals on Wheels, job training, senior centers and family caregiver support, among many others. The future of this safety net for older Americans looks a little brighter because, with bipartisan support, a key Senate committee advanced legislation to reauthorize the OAA on Oct. 30.
Search AARP Blogs