Penelope
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- Jul 15, 2014
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- #41
How Does Obamacare Affect Medicare Advantage Costs?
Obamacare (Affordable Care Act) made several changes to Medicare Advantage plans. Most of these changes had to do with the health insurance industry in general, including provisions for free preventive care. Obamacare has even started closing the Medicare donut hole.
But one of the major changes specific to Part C plans is that insurers are not allowed to charge plan members more than what Original Medicare would charge for certain services, such as chemotherapy. This would affect costs like your copay and/or coinsurance. It is not reported that Obamacare made any changes to how private insurers can determine premium rates.
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You can bet when the ACA is deleted the above will be deleted.
Obamacare (Affordable Care Act) made several changes to Medicare Advantage plans. Most of these changes had to do with the health insurance industry in general, including provisions for free preventive care. Obamacare has even started closing the Medicare donut hole.
But one of the major changes specific to Part C plans is that insurers are not allowed to charge plan members more than what Original Medicare would charge for certain services, such as chemotherapy. This would affect costs like your copay and/or coinsurance. It is not reported that Obamacare made any changes to how private insurers can determine premium rates.
Medicare Advantage Premiums: What Is the Monthly Cost for Part C?
Get the facts on Medicare Advantage plans and what paying your Medicare Advantage premiums is all about with this helpful HealthMarkets guide.
www.healthmarkets.com
You can bet when the ACA is deleted the above will be deleted.