find your way around the new health care law (aca/obamacare)

Post on 10-May-2015

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Have questions about the new health care law aka the affordable care act aka Obamacare? AARP is here to help with resources and FAQ's to guide you along the way! If you're looking for Illinois specific information be sure to check out GetCoveredIllinois.Gov

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Find Your Way Around The Health Care Law

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Agenda People with health insurance People who are uninsured or buy their own coverage People with Medicare

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People with Health Insurance

Adds More Consumer Protections

• Insurance companies can’t drop coverage if you get sick (Now)

• Insurance companies must justify increases to premiums and spend more on health care over administrative costs (Now)

• No one can be denied coverage for a pre-existing condition (2014)

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Eliminates Lifetime And Annual Coverage Limits

• Insurance companies can’t place lifetime limits on your coverage (Now)

• Insurance companies can’t place annual limits onyour coverage (2014)

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Mammograms Immunizations Screening for

cancer or diabetes

Requires Coverage For More Preventive Services

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People Who Are Uninsured Or Buy Their Own Coverage

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Makes It Easier to Buy Health Insurance

Offers Health Insurance Plans

by 2014

The Health Insurance Marketplace

1. Doctor visits2. Emergency Services3. Hospital care4. Maternity and newborn care5. Mental health and substance use disorder services, including

behavioral health treatment6. Prescription drugs7. Rehabilitative services and habilitative services and devices8. Laboratory services9. Preventive and wellness services, and chronic disease management10.Pediatric services, including oral and vision care

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Core Set Of Benefits

Several Levels Of Coverage

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Based on average cost of an individual under the plan. Figures may not be the same for every enrolled person.

• Starting 2014

• For health insurance purchased through the Marketplace

• Must meet income limits to be eligible

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Provides Help Paying For Insurance

Extends Coverage To Young Adults

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Adult children can stay on your family policy until age 26 even if they:

• No longer live with you• Are married• Are no longer in school

Options For States To Expand Medicaid• Your state has the option to expand coverage to more people

• Starts in 2014

• Must meet income limits to be eligible

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People Who Have Medicare

• Protects guaranteed Medicare benefits

• Improves Medicare benefits

• Lowers out-of-pocket costs for prescription drugs

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For People With Medicare

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Lowers Out-Of-Pocket Drug Costs

2020: Coverage gap will disappear

Part D cost sharing will

remain

2013: 52.5% discount on brand name

drugs

21% discount on generics

Medicare Drug Coverage

52.5% discount for Brand

Name and 21% for Generic

Initial Benefit Catastrophic Benefit

You pay: Deductible and 25% of drug costs

You pay: 5% of drug costs

Doughnut Hole

www.aarp.org/doughnuthole

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Medicare Covers More Preventive Services

• Expands coverage for preventive care

• No copayments or deductibles for Medicare-approved preventive care

Call Medicare at 1-800-633-4227www.medicare.gov

• Increases consumer protections

• Makes it easier to find health insurance

• Improves Medicare-covered benefits

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Key Points To Remember:

www.HealthLawAnswers.org

The Health Care Law

www.HealthLawAnswers.orgwww.MiLeydeSalud.org

Medicarewww.medicare.gov 1-800-633-4227

www.healthcare.gov 1-800-318-2596

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For More Information

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Upcoming Web Events

www.aarp.org/HealthWebinars

Questions & Answers

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