Obamacare is the popular name of the Patient Protection and Affordable Care Act. It is a series of laws that govern healthcare and insurance within the United States.
Everyone should know how Medigap is not affected by Obamacare. It is everyone’s right and responsibility to know how Obamacare affects them and what changes, if any, they need to make in their insurance plans.
How Obamacare Works
The law covers a lot of ground including how calorie counts are displayed at restaurants to the way hospitals receive federal aid. For the most part though, people want to know how it will affect their insurance.
The good news is that if you already have medical insurance, Obamacare will not affect your current insurance plan. In fact, it will not have any effect on Medigap, whether you already are insured by it or not. This also extends to those receiving insurance through their employers. They too will not notice any change in their coverage and premiums when Obamacare goes into effect.
Obamacare does not actually affect every state. Parts of the law are optional and only a little over half of the states so far have adopted the Medicaid expansion portion of the law.
Who it Affects
Obamacare, as it pertains to insurance, is really for the uninsured. So those who cannot afford insurance or who have not been accepted by insurance companies will now find themselves with some coverage choices. This is great news for seniors and those with severe and preexisting medical conditions.
Previously, this portion of the population was denied affordable insurance because of their need for continued and extensive treatment. That will no longer be the case, as everyone will basically be guaranteed health care that works with their budget.
The services guaranteed to be covered under Obamacare include ambulatory services, treatment for behaviors and disorders, newborn and maternity services, and much more. Basically, if you need treatment, Obamacare ensures you get it.
Previously, hospitals would sometimes turn away those who were suffering less than life-threatening illnesses if they did not have insurance. Since everyone will have insurance under the new laws, this will no longer become an issue, making certain everyone is treated. This raises the level of health care within the country and greatly helps those who cannot currently afford proper medical coverage.
So if you are worried at all about how Obamacare affects your current Medigap then don’t be. These plans will be unchanged as the new medical insurance laws are passed into effect. That should not stop you from checking the rates from the top carriers in your area to make sure you are paying the lowest premium for your coverage!