Tuesday, February 21, 2012

ACA Update: Expanded Health Insurance Coverage — Who Benefits

Starting in 2014, more people will qualify for Medicaid or tax credits for private health insurance under the new federal health law. People with family incomes up to 138 percent of the federal poverty level ($31,809 for a family of four and $15,415 for a single person in 2012) generally will be eligible for the Medicaid program. And, people buying coverage on their own through their state’s health insurance exchange can received tax credits to help defray the cost. Tax credits are available for people with family income up to four times the poverty level ($92,200 for a family of four and $44,680 for a single person in 2012). Check out a new tool created by Kaiser Family Foundation that estimates the percentage of people who might benefit — even in your own ZIP code area.

1 comment :

  1. And it's only going to get worse when the Federal Medicaid waivers fail at the end of March. Our Legislature doesn't meet until January, 2013, but the Obama Administration has rejected the prioritizing of the limited funds we have to spend in Texas. This is in spite of the fact that we've received these waivers and done just fine while the prohibition against those who affiliate with and refer to abortion providers having been in place for years.

    Personally, I'm doing my part by donating to a local group that helps with referrals and pregnancy care, as well as helping the moms and dads with the baby after birth.

    ReplyDelete

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