2010 Health Care Reform . . . AARP Summary
Ever since the passage of the Health Care Reform Act on April 23rd, I’ve been looking for a good summary of its components. Of course, any legislation with that many pages will be difficult to summarize, but someone had to take a swing at it. I guess no one will be surprised that it was the AARP that took up the challenge.
At the link, AARP User’s Guide to Health Care Reform, you will find a summary that doesn’t take that long to read. It does, however, have a sufficient sweep and level of detail, that you can develop a sense of the legislation.
Three things to note -
- Medicare will finally start to cover its most foolish lack, i.e. some preventative services. Catching conditions sooner rather than later should always reduce the cost of their care.
- The Part-D Donut Hole will be phased out over the next decade.
- The overpayments for Medicare Advantage Plans will be phased out.
Every senior should read this summary. Thanks AARP, you did a good job!
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