Major Changes to Your Health Coverage: What You Need to Know
Big changes are coming to Medicare, Medicaid, and the ACA. These shifts could impact your wallet and your access to care. Here’s a breakdown of what's happening and what it means for you:
Medicare Part D: Relief for Seniors?
Good news for seniors! The Inflation Reduction Act is capping out-of-pocket prescription drug costs at $2,000 per year for Medicare Part D enrollees. While this aims to save you money, expect your health plan to adjust premiums and benefits in response.
Medicaid Coverage: A Looming Crisis
The post-COVID "unwinding" of Medicaid has been brutal. Over 25 million people have lost their coverage as states re-evaluate eligibility. Even as states like North Carolina expand Medicaid, 10 states still refuse, leaving 1.5 million people in a dangerous coverage gap. Are you one of the millions affected?
ACA Subsidies: The Countdown to 2025
A looming deadline threatens affordable healthcare for millions. The enhanced ACA subsidies, which have helped 5.6 million people afford insurance, are set to expire in 2025. Without a renewed effort from Congress, these individuals could lose their access to affordable plans. The clock is ticking!