Many seniors are confused about the Affordable Care Act, commonly known as Obamacare, because they believe that their traditional Medicare coverage will change for the worse. This is wrong. The Affordable Care Act offers health insurance for adults younger than 65, so anyone 65 years and older will continue to receive normal coverage either through Medicare or - if still employed - through their employer's health insurance plan. Timothy Jost, a professor at Washington and Lee University School of Law in Lexington, VA, says that seniors have been "a prime target for misinformation campaigns about the Affordable Care Act." No benefits are being cut; in fact some are even being added, according to Jost. Seniors between 50 and 64 years may benefit the most in terms of access and cost of coverage. Many in this population previously found themselves holding on to jobs simply for the health insurance benefits. And it's no wonder: premiums for the few individual policies available in New York were among the hi ...
