Medicare and the Affordable Care Act (ACA), also known as Obamacare, has had an impact on the Medicare program.

Cjeckout the latest guide about Medicare and the Affordable Care Act.Early-detection cancer screenings, like mammograms and colonoscopies, are now covered under Medicare Part B with no out-of-pocket charges if your doctor accepts assignment. There’s also a yearly “wellness” visit to a physician that’s free for Medicare beneficiaries, because of the ACA.

The ACA also seeks to shut the prescription coverage gap (also called the “donut hole”). within the next several years, out-of-pocket costs for drugs are expected to drop, and therefore the coverage gap will draw in 2020.

In addition, improved coordination between doctors, hospitals, and insurance companies as mandated by the ACA will make sure that patient information is shared more efficiently to enhance care and minimise errors.

Impact Of Obamacare on Medicare Advantage plans

If you’re currently enrolled in Medicare, you are doing not got to enroll in another health plan with the insurance Marketplace, and your Medicare coverage won’t be suffering from this a part of Obamacare. In fact, it’s prohibited for somebody to sell you a Marketplace health plan if they know you’ve got Medicare. If you opt to form changes to your Medicare coverage, you’ll do so during the Medicare Annual Election Period (from October 15 to December 7), not through the Marketplace.

If you’ve got Original Medicare (Part A and Part B), Medicare Part A only, or a Medicare Advantage plan, you meet the Affordable Care Act requirement to possess insurance . However, if you’re only enrolled in Medicare Part B, this doesn’t satisfy Obamacare’s minimum essential coverage requirement. you’ll got to purchase a Medigap policy to supplement your coverage, otherwise you may face a tax penalty.

For your research:

  • If you are already a Medicare beneficiary, then you do not need to sign up for health coverage under the health-insurance marketplace at
  • Medicare is not part of the ACA marketplace, and the eligibility rules for your health and prescription drug coverage remains the same.
  • Once your Annual Notice of Change arrives in the mail, review it to be sure that your health needs fit what’s included in your Medicare plan so that you won’t be facing out-of-pocket costs in the future.
  • Remember to shop around if you’re thinking about changing your Medicare plan options in the future.