1) The Affordable Care Act, (Obamacare) plan for 2017 is locked in and enrollment is currently taking place now through January 31, 2017. Although legislation to repeal the subsidies presently being offered will be introduced in 2017, it is quite unlikely any changes will take effect before 2019. A replacement plan needs to be approved by Congress, as well as the IRS before changes go into effect.
2) Medicaid in 2017 is also likely to go unchanged. Changes made are likely to occur in 2018 or 2019. The new administration is considering replacing the Medicaid expansion with block grants to states or per-capita allotments.
3) Medicare is governed by the Centers for Medicare and Medicaid Services, (CMS) and the 2017 plan benefits, premiums and deductibles for Part A & B have already been approved and are protected for next year. There have been talks about Medicare privatization, however at this time and for 2017 no changes will occur for Medicare benefits.
4) CMS did announce Medicare Part A & Part B premiums and deductibles are increasing in 2017, but Medicare Advantage plans are unaffected by the increases for 2017.
While we don’t know what the future will hold for healthcare beyond 2017, we do know major changes are not happening overnight.
Health plan benefits do change every year however and you should find out what changes are happening in your area.
Top 5 Questions you should get answers to are:
1. How can I save money on my healthcare costs?
2. Are my health plan benefits changing in 2017?
3. Are my prescription drug costs going up?
4. Does my doctor take a plan with better benefits?
5. Can I get more benefits at no cost like dental, hearing, vision, transportation, gym and more?
If you would like more information on healthcare changes happening in 2017 and how you could be affected, call us today at: 1-877-651-7526.