The incoming Republican Congress and administration are focused on cutting the size of the federal budget to make space for an extension of tax cuts otherwise projected to sunset in 2026. One policy proposal thathas resurfacedis to convert the Medicaid program into a block grant–type program, s...
The federal government would continue to heavily support the Medicaid program, but the commitment would have a limit, which would give states a strong incentive to manage the program for efficiency and cost control. One approach would be a block grant. Under a block grant, the federal ...
The BBA97 required states to pay Medicare Part B premiums for a new group of low-income Medicare beneficiaries – Qualifying Individuals (QIs) – with income between 120% and 135% of the Federal Poverty Limit (FPL). BBA97 also provided for Medicaid payment for QIs through an annual transfer...
18,19 Federal work requirement proposals also continue, such as the Limit, Save, Grow Act of 2023 passed by the House of Representatives. This legislation would have omitted federal matching payments and allowed states to disenroll adult beneficiaries without 80 monthly hours of work or ...
If you make more money than Medicaid's income limit or the worth of your assets exceeds the resource limit, then you will not be eligible for benefits. But you can implement a financial strategy to "spend down" your income or assets so that you qualify. ...
How sedation policies can limit access to abortion care,STAT ‘Would he have lived?’ When insurance companies deny cancer care to patients,NBC News Fixing pulse oximeters requires federal might and possible legal action, researchers say,STAT ...
Moved to a nursing home Spent down to the asset limit for Medicaid eligibility Applied for Medicaid coverage Been approved for coverage but for the transfer For instance, if an individual transfers $100,000 on April 1, 2021, moves to a nursing home on April 1, 2022, and spends down to ...
First, it’s time to blend Medicaid for able-bodied households, together with CHIP, into the tax credit and subsidy program created under the ACA for private plans obtained through the exchanges or through the place of work. In this way, all able-bodied families would become eligible fo...
Taxpayers who receive wages, salaries, or self-employment income are required to payMedicare taxon all of their wages. Once there was a limit on the amount of income on which Medicare tax was assessed, but this was eliminated in 1993. Now all earned income of any kind is assessed a 2.9%...
If you are single, you generally cannot have more than $2,000 worth of cash or other assets outside of your residence, vehicle, and other necessary items unless your state has a higher limit.2 If you are married and your spouse is still able to live independently, they are allowed to ...