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25th November
written by admin

Medicare Part D changes and Affordable Care Act news review today November 25, 2013:
The window during which retirees can make the switch within their Medicare Part D prescription drug plan is still open and will be open until December 7, 2013.

Changes are often necessary when it comes to Medicare and Medicaid benefits. Changes, due to the Affordable Care Act, have fortified coverage rules recently. Insurers will no longer be able to turn applicants down in 2014 or limit their coverage based on a pre-existing condition. This stipulation is a powerful one especially for Americans over the age of 50. For these Americans, the incidence of certain diseases like heart disease or diabetes increases with each year of life.

Additionally, the Affordable Care Act has been designed to close the doughnut hole. The gap in coverage, known as the doughnut hole, existed when beneficiaries exceeded their benefit plan but did not qualify for catastrophic benefits. In these cases, beneficiaries ended up paying out of pocket expenses. The Affordable Care Act provides coverage in the “gap” and works to squeeze the gap closed by the year 2020.
Changes are sometimes necessary when dealing with coverage benefits, and hopefully, the ACA will help to change things for the better.

Genny Germano

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