The Better Care Reconciliation Act (BCRA) now under consideration in the Senate would drastically alter the Medicaid program. The proposed Senate bill would change the way the federal government currently funds Medicaid by limiting federal funding and shifting cost over time to both states and Medicaid enrollees. BCRA would subject older adults, adults with disabilities, expansion adults, and non-disabled children under age 19 to mandatory per enrollee caps beginning in 2020. State Medicaid programs would have the option to choose between block grants and per enrollee caps for non-elderly non-disabled non-expansion adults.
En español | As we approach the end of the Affordable Care Act (ACA)’s third health insurance open enrollment period, it’s a good time to look at how the ACA has affected older Americans.
The federal government popped the cap off drug spending on April 30, detailing doctor-by-doctor and drug-by-drug how Medicare and its beneficiaries spent $103 billion on pharmaceuticals in 2013.
The Affordable Care Act (ACA) increases access to health insurance coverage, establishes a minimum benefit package, makes coverage more affordable, and eliminates most cost sharing for recommended preventive services. Now it’s time to empower consumers to take advantage of these improvements. One way to achieve this goal is to increase basic health literacy.
In January 2011, AARP interviewed Americans 50 and older from every state, the District of Columbia, Puerto Rico and the Virgin Islands. We asked about their dreams as they think about what is next in their life as well as the challenges they see themselves facing.
Whether you're nearing the end of your working life or still several decades away, Americans all share the same financial fear: Will I have enough money to retire?
It could be a costly mistake if you aren't considering health care costs in your retirement plan, financial advisers tell us. According to the latest estimate by Boston-based Fidelity Investments, premiums, deductibles and other out-of-pocket expenses could cost a 65-year-old couple retiring today a hair-raising $220,000 - and that's after Medicare coverage kicks in.
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