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The Social Implications of Healthcare Reform

Anyone who’s been following the news lately knows that healthcare reform is a big deal. The Affordable Care Act, also known as Obamacare, has increased access to health insurance for millions of Americans and lowered costs for many others. But what about the social implications of this legislation? How will it affect things like retirement age and Medicare?

Before Obamacare, people who were retired had to pay a higher percentage of their income on health insurance. This is because they don’t get the same discounts that younger adults do. The Affordable Care Act now requires insurers to charge people under 65 no more than three times as much as it charges older folks which means seniors can save money with lower premiums and deductibles. Medicare expert say that Medicare will be better protected thanks to provisions like reducing payments for hospital readmissions by penalizing hospitals when patients return too soon after an initial discharge or admission.

Medicare Expert

The social implications are positive all around: seniors will have access to affordable healthcare without worrying about skyrocketing costs; working Americans won’t lose coverage if they change jobs and companies still need healthy employees.

The Affordable Care Act now requires insurers to charge people under 65 no more than three times as much as it charges older folks which means seniors can save money with lower premiums and deductibles. And Medicare will be better protected thanks to provisions like reducing payments for hospital readmissions by penalizing hospitals when patients return too soon after an initial discharge or admission. The social implications are positive all around: seniors will have access to affordable healthcare without worrying about skyrocketing costs; working Americans won’t lose coverage if they change jobs and companies still need healthy employees!