Today, the House of Representatives passed a tax bill that is a full-fledged attack on the health and well-being of older Americans and their families.
As we’ve discussed, this is all part of the House Republican leadership’s two-step process. Step one is to cut taxes for the wealthy and drive up the deficit by $1.5 trillion. Step two is to use the higher deficit to justify additional future cuts to programs we all depend on, such as Medicare and Medicaid, Social Security and Supplemental Security Income (SSI), Older American Act programs, and many others.
The inevitable program cuts that Republican leadership will push for, after they balloon the deficit, will cause lasting harm to seniors today and in the future. Further, the House bill passed today eliminates the medical expense tax deduction that provides tax relief to millions of older adults with high out-of-pocket and long-term care costs and modest incomes.
This bill overwhelmingly benefits the wealthiest Americans and big corporations at the expense of everyone else. We urge the Senate to stop this reckless process and reject any bill that drives up the deficit and takes away health care from older Americans and their families.
Here’s what older adults need to know about this year’s Open Enrollment periods for both Medicare and the Affordable Care Act Health Insurance Marketplaces.
Fall is open enrollment time for both Medicare beneficiaries and enrollees in the Affordable Care Act Health Insurance Marketplaces for coverage in 2018.
Justice in Aging’s open enrollment fact sheet reveals who is impacted by fall open enrollment, covers critical dates for each group, and provides key information on actions to take to ensure continuous coverage.
- Part C and Part D enrollees should review their coverage options each year as Medicare Advantage and Prescription Drug plans can change their cost-sharing, provider networks and drug formularies.
- Medicare’s open enrollment period is from October 15-December 7, 2017.
- The Marketplace enrollment period has been cut in half from 12 weeks to 6 weeks.
- The Marketplace enrollment period is from November 1-December 15, 2017.
- Open enrollment periods have been extended for victims of some natural disasters.
Proposals to expand the use of Health Savings Accounts (HSAs) have been raised repeatedly in the health care debate. This new issue brief looks at how expanding HSAs would impact the affordability of health care coverage for low and moderate income older adults by examining how HSAs would have functioned under one proposal, the Better Care Reconciliation Act (BCRA), had it become law.
The paper finds that the combination of HSA contributions and premium costs can easily reach 20% to 30% of an older adult’s income. It concludes that HSAs are not a path to affordable health care for older adults. Read the brief.
The revised Senate health care bill brings an idea that should be a hard sell for the over 3 million older adults and people with disabilities who rely on Medicaid for in-home care. On top of a massive almost $800 billion cut to Medicaid that guarantees shrunken programs and eliminated services, the Senate bill kills CFC and replaces it with an inferior version that provides fewer services for a limited time only.
1. The AHCA Guts Medicaid: The AHCA would drastically change Medicaid and harm older adults by cutting over $800 billion in federal funding, eliminating Medicaid expansion for adults ages 55 – 64, and weakening beneficiary protections. Under the AHCA, older adults and people with disabilities who rely on Medicaid would have fewer benefits and services, reduced access to home and community-based services, and receive less help paying for Medicare premiums or cost-sharing. States would be forced to make other cuts to Medicaid and other safety net programs as they will not have adequate funding to meet the needs of their aging populations. Read More