Proposal Outlining Premium Hikes for Older Adults, “Short Term” Insurance Falls Short of Care We All Need as We Age, AGS Experts
Geriatrics health professionals remain concerned that increasing costs for people in their 50s and 60s and expanding access to insurance lacking minimum protections could raise costs and jeopardize care quality.
New York (Mar. 13, 2018)—Experts at the American Geriatrics Society (AGS) expressed concern over recent proposals by the Trump Administration to increase health insurance costs for older adults purchasing coverage on the Affordable Care Act marketplace and to expand so-called “short-term,” limited-protection health insurance. Such coverage—which would not be subject to important protections under present law safeguarding essential benefits and coverage for pre-existing conditions—risks increasing costs and the stability of health coverage at a time when more Americans than ever before are poised to benefit from increased longevity thanks to better care.
“We oppose changes that increase costs and impede access to key services for older Americans, families, and caregivers,” noted AGS Chief Executive Officer Nancy E. Lundebjerg, MPA. “We agree that health care can be improved, but that can’t happen with ‘short-term’ solutions that short-change our options, benefits, and costs.”