America’s Baby Boomers may be poised to benefit the most from health-care reform, a new report shows.
Some of those gains will come right away, such as the elimination of restrictions on people with preexisting conditions, while others — no more lifetime limits on health insurance and subsidized coverage through health insurance exchanges — are slated for 2014, as more provisions of the Affordable Care Act are rolled out.
The new report, from the Commonwealth Fund, is the sixth in a series examining how the new reform package, signed into law in March by President Barack Obama, will change health-care coverage in the United States.
“This report paints a picture of the Baby Boomer generation whose health and financial security are in jeopardy because of rising health-care costs and declining coverage,” Cathy Schoen, senior vice president at Commonwealth Fundm, said during a Monday news conference. “The good news is that the Affordable Care Act is already making a difference and things will continue to improve. We will enter a new era in health care with an end to turning people down for health insurance because of age and health.”
Category: Health & Wellness