At a recent campaign stop in Virginia, Hillary Clinton announced a proposal that would let people over the age
of 50 buy into Medicare.
Secretary Clinton’s proposal would benefit older adults and employers, who pay the majority of health insurance costs for workers in the 50 age category. Given that many areas of the United States are severely limited in the number of health insurance plans available to them, this would provide another option. An added benefit: since Medicare is more efficient at keeping healthcare costs down, including adults under 65, would help slow the growth of overall healthcare expenditures.
The new proposal will build on what the Affordable Care Act (ACA) has achieved so far, making up for the lack of a public option from the ACA.
“While the Affordable Care Act has helped many Americans obtain health insurance coverage for the first time, rising costs are still a major concern,” said Robert Roach, Jr., President of the Alliance. “We need a president with realistic and specific solutions.”
Source: Alliance for Retired Americans Friday Alert, May 20, 2016
Secretary Clinton’s proposal would benefit older adults and employers, who pay the majority of health insurance costs for workers in the 50 age category. Given that many areas of the United States are severely limited in the number of health insurance plans available to them, this would provide another option. An added benefit: since Medicare is more efficient at keeping healthcare costs down, including adults under 65, would help slow the growth of overall healthcare expenditures.
The new proposal will build on what the Affordable Care Act (ACA) has achieved so far, making up for the lack of a public option from the ACA.
“While the Affordable Care Act has helped many Americans obtain health insurance coverage for the first time, rising costs are still a major concern,” said Robert Roach, Jr., President of the Alliance. “We need a president with realistic and specific solutions.”
Source: Alliance for Retired Americans Friday Alert, May 20, 2016
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