Major changes for Medicaid coming under Trump and the GOP 

Think less federal funding, more state control, fewer participants and higher costs for those in the program.

Here’s how Medicaid works now:

Nearly 73 million Americans are on Medicaid or the related Children’s Health Insurance Program (CHIP). The programs cost $509 billion in fiscal 2015, with the federal government shouldering 62% of the bill and states paying 38%.

Most enrollees are low-income children, pregnant women, parents, the disabled and the elderly. Under Obamacare, low-income adults with incomes of up to 138% of the poverty line — $16,400 for a single person — were allowed to sign up in states that opted to expand their Medicaid programs. So far, 31 states, plus the District of Columbia, have done so, adding about 15.7 million more people to the rolls since late 2013, just before the provision took effect. (This figure includes both those newly eligible under expansion and those who always met the criteria.)

Source: Major changes for Medicaid coming under Trump and the GOP – Nov. 21, 2016 CNN

Leave a Reply

Your email address will not be published. Required fields are marked *