Is the ACA going away? Do you need to panic?

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!

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