How the Affordable Care Act will affect Metro Detroit - Chicago News and Weather | FOX 32 News

How the Affordable Care Act will affect Metro Detroit

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(WJBK) -

The Supreme Court Affordable Care Act ruling could have multiple outcomes. It could be fully passed, parts of it could be kept or thrown out, or it could be completely discarded altogether.

If the Affordable Care Act is fully passed, a change to the health care system will affect different groups of people ranging from young adults to seniors and pregnant women to families with children.

Those without health insurance prior to the decision will be required to obtain it whether it be from an employer, purchased on an open-market or through health care exchanges, according to HealthCare.gov. Health care exchanges are subsidized and would be set up by states by January 2014 under federal law.

For senior citizens, if the Act is passed, the Medicare prescription drug coverage gap in which seniors pay for their drug costs after $2,800 until they hit the yearly limit of $4,550 would be slowly eliminated.

Children would also be able to stay on their parents' policies until age 26. Wellness and preventative care doctors' visits would be covered at 100 percent.

As for employers, if the law passes, health care exchange options will be available to employers with fewer than 50 employees. Companies with more than 50 employees must either offer insurance to its employees or pay a penalty.

The Supreme court could also keep the law but throw out the individual mandate. If this happens, those without health insurance would still be able to use the exchange, giving some the ability to purchase more affordable insurance. But, the subsidized program will still require funding.

Senior Citizens would still get help to close the prescription drug coverage gap.

Employees would still have access to exchanges or company insurance programs and would get other benefits, including wellness coverage.

Employers would either offer insurance or pay the penalty.

If the Affordable Care Act is completely thrown out by the Supreme Court, health care will remain as-is.

 

All information regarding what would happen if the Affordable Care Act is passed was gathered from the timeline at HealthCare.gov. Other information about what would happen if the Supreme Court keeps the law but throws out the individual mandate was gathered from Asbury Park Press.

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