My daughter, with 3 open-heart surgeries before the age of 5, was looking at reaching the life-time cap, at a very early age, in the employment-based insurance i had .. we were in such a worry ..then Obamacare came along, and the sky was blue again ..
.. that's a paraphrase of comment made by a lady in the video ..
Then there is the Medicare 'doughnut hole' which under Obamacare may have been fully closed by 2020.
Medicare beneficiaries will pay more for their medications under Obamacare. Partially true. Under the ACA, higher-income Medicare beneficiaries – those who earn more than $85,000 per person or $170,000 per couple – pay slightly more for their prescription drug coverage, or Medicare Part D. But this only affects about 5 percent of beneficiaries, AARP's Duritz points out. The vast majority of seniors on Medicare will see their drug costs go down as the ACA begins to close the "doughnut hole," a coverage gap that forces Medicare beneficiaries to pay 100 percent of their prescription drug costs up to a certain amount. This gap is expected to be fully closed by 2020, but those who fall into the gap this year will get a 55 percent discount on certain brand-name drugs and a 35 percent discount on generic drugs until they reach the out-of-pocket limit. In 2012, roughly 3.5 million Medicare beneficiaries saved an average of $706 each, the Department of Health and Human Services reported in March. As the doughnut hole closes, the savings will increase. .. http://health.usnews.com/health-news/health-insurance/articles/2014/11/14/will-obamacare-affect-medicare-myths-and-facts
Are seniors going to end up paying more for prescription drugs?
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