By 2014 and beyond...
- $15 billion over ten years will be funded to the prevention/wellness trust.
- No one with any pre-existing condition will be denied coverage.
- Most Americans who are not eligible for Medicare or Medicaid or covered by employer plans will be able to comparison shop for affordable, comprehensive healthcare insurance on centralized exchanges.
- Government subsidies to Medicare Advantage, plans run by private insurers, will be lowered in 2012, possibly leading to higher premiums or reduced benefits.
- Medicaid will be expanded to cover people with incomes up to 133 percent of the poverty level ($29,327 for a family of four in 2010).
- If you remain uninsured, you may face an initial fine in 2014 of $95 or 1 percent of income, whichever is higher. By 2016, the penalty rises to $695 or 2.5 percent of income, but families will not pay more than $2,085.
- Individuals and families who cannot afford insurance through exchanges and don't qualify for Medicaid may receive premium subsidies.
- Starting in 2013, individuals earning at least $200,000 and families earning more than $250,000 will pay higher Medicare payroll taxes, as well as a 3.8 percent tax on investment income.
The U.S. Department of Health & Human Services will provide more details in the coming weeks, and dLife will continue to monitor how the new law will benefit Americans with diabetes. Stay tuned…
Bob Woods is a freelance writer based in Madison, Connecticut.
- American Diabetes Association. Updates on Healthcare Reform. http://advocacy.diabetes.org/site/PageServer?pagename=ADA_health_care_reform_updates. (Accessed 03/10)
- Diabetes Health. Moving Toward a Healthcare Bill: What People with Diabetes Need to Know. http://www.diabeteshealth.com/read/2010/01/19/6526/moving-toward-a-healthcare-bill-what-people-with-diabetes-need-to-know/. (Accessed 03/10)
- The New York Times. How Different Types of People Will Be Affected by the Health Care Overhaul. http://www.nytimes.com/interactive/2010/03/24/us/politics/20100319-health-care-effect.htm#tab=5. (Accessed 03/10)
- The New York Times. For Consumers, Clarity on Health Care Changes. http://www.nytimes.com/2010/03/22/your-money/health-insurance/22consumer.html. (Accessed 03/10)
- Kaiser Health News. How The Health Bill Would Affect You. http://www.kaiserhealthnews.org/Daily-Reports/2010/March/22/Consumer-Impact-of-Bill.aspx. (Accessed 03/10)
- The New York Times. The New Landscape of Health Care. http://prescriptions.blogs.nytimes.com/2010/03/29/the-new-landscape-of-health-care/. (Accessed 03/29/10)
- Diabetes Forecast Magazine. Health Care Reform Promises Coverage for All With Diabetes. http://forecast.diabetes.org/magazine/advocacy/health-care-reform-promises-coverage-all-diabetes. (Access 03/10)
- Novo Nordisk. Issue 1: Healthcare Reform. Novo Nordisk Bluesheet: Quarterly Perspectives on Diabetes and Chronic Diseases (Accessed 07/10)
Pizzettas Greek-style Appetizers Horseradish Mashed Potatoes Avocado Wasabi Mayonaise Garlic Soup Spanish White Bean Stew Rotini Pasta and Veggie Dinner Cheddar Olive Balls Sweet Red Pepper Soup French Style Vinaigrette Peaches and Cream Oatmeal
As I mentioned in an earlier post, one of the benefits that made it cost-effective for me to go with the real healthcare (HSA) plan rather than the phony (HRA) plan is that my company is now covering "preventative" medicines at $0 copay. The formulary for these, as stated by CVS/Caremark (my pharmacy benefits provider), covers all test strips, lancets, and control solutions. I dutifully get my doctor to write up prescriptions for all of my testing needs, submit...