The President signed the „Affordable Care Act“ last year and we are beginning to see the benefits of healthcare reform starting to trickle in. The provisions that are being made are for everyone, insurance is to be more affordable and medicines are to cost less. There is one segment of the country that is seeing a drastic change with the inception of this bill.

The benefits of healthcare reform are changing the lives of caregivers. Today the baby boomers are aging and their children are caught between caring for them and for their own children. The new provisions of the bill will give them the relief they have been searching for.

Taking effect this year is the Temporary Early Retirement Reimbursement program. This provides health insurance for people taking early retirement whereas in the past they risked loosing this valuable commodity. The law created a temporary program that will allow employers to continue to insure the retiree until age 65, which is when they become Medicaid eligible. If you retire between the ages of 55 to 65 the government will reimburse your company 80% of the cost of your premium.

Another benefit of healthcare reform is the insurance extension for families with young adults. This went immediately into effect. It allows a parent to carry their adult child until the age of 26. Staying in school is no longer a requirement.

This will eliminate the probability that the child would bring the whole family to ruin if they encountered a serious illness or that they just would not be able to afford the treatment necessary to save them. This is one that stops the insurance company from excluding a child’s preexisting condition in the coverage.

The price of medication has had some people on Medicaid over a barrel. For years there have been stories surfacing in the news of elderly or disabled people who had to choose between eating and buying the medicines that would save their lives. We have heard of them eating cat and dog food just so they can afford their insulin and other drugs. This will no longer be the case in America. One of the many benefits of healthcare reform is making prescription medicines more affordable to those on Medicaid or Medicare. The act calls for a 250.00 bonus to be given to all Medicaid recipients.

Finally one of the best benefits of healthcare reform is that it provides a provision that stops the insurance companies from arbitrarily canceling policies. This is one way they get out of paying for the most expensive treatments. They find some obscure clause the lets them out the contract.

This is just a tip of the benefit iceberg where this new bill is concerned. The problem is that not a lot of people are aware of the truth about what is really in the bill or how it affects them. You should find out what it is and what it is not for yourself instead of listening to the hype.

Next, find out more about benefits of the health care reform in the best specialized website available on such delicate topic.