The FAQs of Health Insurance
There’s a lot to keep track of when going through a healthcare transition. Here are some frequently asked questions:
Q: How long can I stay on my parents’ insurance?
A: Under the Affordable Care Act (ACA), young adults in the United States can stay on their parents’ health insurance plan up until the age of 26. In some states, people with disabilities can stay on their parent’s private insurance beyond age 26, and can apply for public health care through Medicaid. Youth with intellectual/developmental disabilities can stay on their parent’s insurance by completing the disabled dependent certification form from the employer for as long as that parent is covered by that employer.
Q: What is the Affordable Care Act?
A: The Affordable Care Act is a law passed in 2010 to help more people get health insurance. It gives financial help to pay insurance premiums to those who need it, allows more people to qualify for Medicaid, and makes sure insurance companies can’t deny coverage for pre-existing health problems. It is health care that is not linked to employment.
Q: My work doesn’t offer health insurance. What are my options?
A: You can buy a plan on the ACA marketplace at healthcare.gov, and depending on your income you may qualify for financial aid. If you have limited income, you may qualify for Medicaid, which is low-cost or free coverage. Alternatively, you can buy a health insurance plan directly from an insurance company, though this option is usually more expensive.
Q: What is Medicaid?
A: Medicaid is a public health insurance program that helps pay for medical costs for some people with limited income and resources, and for many people with disabilities. The cost of the insurance comes from the federal government and state government. The federal government has some basic rules that all states must follow, but each state runs its own program. This means eligibility requirements and benefits can vary from state to state. Often, these programs are named by the state, so some people who are on Medicaid may not even know it is Medicaid.
Medicaid offers many benefits that other health care insurance doesn’t normally cover, like nursing home care and personal care services that some people with disabilities need. People with Medicaid usually don’t pay anything for covered medical expenses but may owe a small co-payment for some items or services.
Click here to explore healthcare.gov.
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