EPISODE · Apr 15, 2019 · 33 MIN
Is the ACA going away? Do you need to panic?
from Oh My Dollar! · host Oh My Dollar!
If you haven’t been following - and who can blame you - the law is an absolute mess - the Affordable Care Act, the law that provides health care coverage and protections for millions of Americans, was invalidated by a judge in Texas late last year. But this month, the Justice Department said they now have the position that the entire law should be scrapped. This is a big deal. This could affect, at a minimum, 21 million Americans. So what does this mean for you, if you're an American? This could mean the end of:Coverage for preventive servicesProvisions that eliminate denying coverage to people with pre-existing conditionsThe federal subsidies that help cover the cost of insurance for those that can’t afford it but fall above the poverty line (“marketplace subsidies”)Medicaid (low-income health care) expansion that covers 12 million Americans below 150% of the poverty lineHealth care coverage for children whose families are above the federal poverty line but still cannot afford or find coverage through the Children’s Health Insurance ProgramAccess to opioid addiction treatment for low-income AmericansAbility to cover your adult child up til the age of 26 on your health insuranceAnd so much more! Ask us a question! We love hearing from you! Email us your questions or successes at [email protected] or tweet us at @anomalily or @ohmydollar or join at our forum - at forum.ohmydollar.com This show is made paw-sible by listeners like you We absolutely love our Purrsonal Finance Society Members, the folks that generously support Oh My Dollar with $1 or more a month on Patreon – and have made is so we have free, full transcripts for every show on ohmydollar.com. This episode was underwritten by patron Tamsen G Association and Warrior Queen. To learn more about being part of the Purrsonal Finance Society and get cool perks like exclusive livestreams and cat stickers, you can visit ohmydollar.com/support Full Transcript & In-depth show notes provided by our Patrons at ohmydollar.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
What this episode covers
If you haven’t been following - and who can blame you - the law is an absolute mess - the Affordable Care Act, the law that provides health care coverage and protections for millions of Americans, was invalidated by a judge in Texas late last year. But this month, the Justice Department said they now have the position that the entire law should be scrapped. This is a big deal. This could affect, at a minimum, 21 million Americans. So what does this mean for you, if you're an American? This could mean the end of:Coverage for preventive servicesProvisions that eliminate denying coverage to people with pre-existing conditionsThe federal subsidies that help cover the cost of insurance for those that can’t afford it but fall above the poverty line (“marketplace subsidies”)Medicaid (low-income health care) expansion that covers 12 million Americans below 150% of the poverty lineHealth care coverage for children whose families are above the federal poverty line but still cannot afford or find coverage through the Children’s Health Insurance ProgramAccess to opioid addiction treatment for low-income AmericansAbility to cover your adult child up til the age of 26 on your health insuranceAnd so much more! Ask us a question! We love hearing from you! Email us your questions or successes at [email protected] or tweet us at @anomalily or @ohmydollar or join at our forum - at forum.ohmydollar.com This show is made paw-sible by listeners like you We absolutely love our Purrsonal Finance Society Members, the folks that generously support Oh My Dollar with $1 or more a month on Patreon – and have made is so we have free, full transcripts for every show on ohmydollar.com. This episode was underwritten by patron Tamsen G Association and Warrior Queen. To learn more about being part of the Purrsonal Finance Society and get cool perks like exclusive livestreams and cat stickers, you can visit ohmydollar.com/support Full Transcript & In-depth show notes provided by our Patrons at ohmydollar.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Is the ACA going away? Do you need to panic?
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