According to the website Medicaid.gov, the Medicaid program is the single largest source of healthcare coverage in the US, covering more than 72.5 million peoeple, basically 1 in 5 Americans.
It is one of many health care options available to Americans, covering a wide range of medical services and limitations.
Medicaid accounts for a fifth of all healthcare spending and contributes significantly to the support of hospitals, community health centers, clinics, nursing homes, and jobs in the healthcare industry.
The Department of Health and Human Services’ Centres for Medicare and Medicaid Services is in charge of managing and carrying out Medicaid.
Do you qualify for Medicaid?
The Modified Adjusted Gross Income (MAGI) test, a new method of calculating Medicaid eligibility based on income developed by the Affordable Care Act, is used to make these determinations.
For the majority of kids, pregnant women, parents, and adults, it serves as the basis for determining eligibility and coverage. You might qualify for Medicaid if your income is low enough.
A MAGI assessment is not required for someone who is blind or is beyond the age of 65. Individuals must also fulfill some non-financial eligibility requirements in order to be eligible. This includes being a US citizen, a qualifying non-citizen, or a resident of the state where you are receiving Medicaid.
Anyone can sign up for Medicaid if their family income is up to 133% of the federal poverty line.
Medicaid is offered in every state. Only 39 states have approved a Medicaid expansion, while 12 have opted out.
The Supreme Court held in 2012 that states could not be punished for declining to participate in Medicaid expansion.
Texas, Kansas, Wyoming, South Dakota, South Carolina, Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi, and Florida are among the twelve states.