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HealthMoney

Why upheld Obamacare is great news for older Americans

Posted on 28 June 2012

By Mark Miller

Health care reform may not be popular among older Americans, but the Supreme Court’s decision to uphold Obamacare is great news for everyone over age 50.

If you’re over age 65 and on Medicare, the Affordable Care Act (ACA) improves your benefits. If you’re over 50 and don’t have insurance through an employer, your options for health coverage will be greatly improved starting in 2014, when the new state health exchanges are launched.

Older Americans have opposed the ACA by much wider margins than younger people. Fort-four percent of baby boomers and 46 percent of seniors favor repeal of the law, according to a Pew Research Center survey last November. Just 27 percent of millennials –and 37 percent of GenXers–favored repeal, the survey found.

My column today at Reuters Money explains why older Americans should reconsider.

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