• Facebook
  • Twitter
  • Instagram
Español
  • Explore Health Plans
    • Individual & Family
    • Medicare Plans
    • Life Insurance
    • Dental & Vision
    • Small Group
    • Travel Health
  • Resource Blog
  • (855) 522-2201
  • Menu Menu
Healthedly-Blog

Medicaid is at an All-Time High, But How Long?

Individual and Family, Medicaid
Medicaid is at an All-Time High, But How Long?

Currently, Medicaid is at an all-time high in terms of enrollment.

Medicaid is a federally funded health insurance program that provides coverage to low-income individuals and families. It is administered by the states, and each state has its own eligibility requirements and benefits. Medicaid is a crucial safety net for millions of Americans. This provider gives access to healthcare services that otherwise may not be affordable.

According to data from the Centers for Medicare and Medicaid Services (CMS), there are currently more than 73 million people enrolled in Medicaid. This is an increase of nearly 10 million people since the beginning of the COVID-19 pandemic.

There are several factors contributing to the high increase in Medicaid enrollment.

One of the main factors is the economic impact of the COVID-19 pandemic.

Many people have lost their jobs or seen their hours reduced. This has led to a loss of employer-sponsored health insurance. These individuals may be eligible for Medicaid coverage. Many have turned to the program as a way to ensure that they have access to healthcare.

Another factor contributes to the increase in Medicaid enrollment. This factor is expansion of the program under the Affordable Care Act (ACA).

Prior to the ACA, Medicaid was only available to certain low-income individuals and families. For example, it was available to individuals such as pregnant women, children, and disabled adults. The ACA expanded Medicaid to cover all adults with incomes up to 138% of the federal poverty level. As a result, more people became eligible for Medicaid coverage, leading to an increase in enrollment.

Despite the increase in Medicaid enrollment, there are concerns about the future of the program. One concern is the potential for Medicaid funding to be cut. Medicaid is a jointly funded program. The federal government provided a portion of the funding and the states providing the rest. If the federal government reduces its funding, it could lead to cuts in Medicaid benefits or the reduction of services.

There are also concerns about the potential for Medicaid to be transformed into a block grant program.

Under a block grant program, the federal government would provide a fixed amount of funding to each state, rather than funding based on the number of people enrolled in the program. This could lead to states having to make tough decisions about who is eligible for Medicaid coverage and what benefits are available.

Despite these concerns, it is important to remember the vital role that Medicaid plays in providing access to healthcare for millions of Americans.

Medicaid has been a lifeline for many people during the COVID-19 pandemic. It is crucial that the program is protected and maintained.

One way that Medicaid can be protected is through advocacy and activism. If you are concerned about the future of Medicaid, consider contacting your elected officials and expressing your support for the program. You can also get involved in advocacy organizations or groups that are working to protect Medicaid and other safety net programs.

In conclusion, Medicaid is at an all-time high in terms of enrollment, but there are concerns about the future of the program. It is crucial that Medicaid is protected and maintained, as it plays a vital role in providing access to healthcare for millions of Americans. If you are concerned about the future of Medicaid, consider getting involved in advocacy and activism to protect the program.

Wondering about what health coverage that you could be eligible for? Well, look no further than Healthedly. Give us a call at 855-522-2201 so our agents can give you a free quote for health insurance. 

March 2, 2022
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Reddit
https://healthedly.com/wp-content/uploads/2021/02/Healthedly-Blog.png 900 1366 healthedly23 https://healthedly.com/wp-content/uploads/2022/06/Healthedly.svg healthedly232022-03-02 18:47:002023-01-09 14:14:36Medicaid is at an All-Time High, But How Long?

Categories

  • ACA
  • COVID-19
  • Dental
  • Finance
  • Flu Season
  • General
  • Group Insurance Plans
  • Health
  • Health Resources
  • Individual and Family
  • Life Insurance
  • Medicaid
  • Medicare
  • Mental Health
  • News
  • Obamacare
  • Self-care
  • Short Term
  • Small Business
  • Special Enrollment Period
  • Supplemental
  • Travel Medical
  • Vision

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • March 2021
  • February 2021

Healthedly
Call: (855) 522-2201

Email: support@healthedly.com

2929 N Central Expy Ste 175, Richardson, TX 75080

Insurance Plans

Individual & Family Plans

Medicare Plans

Life Insurance Plans

Dental & Vision Plans

Small Business Health Plans

Travel Health Plans

Shop By State

Resources

Español

Healthedly Blog

Insurance Payment Options

Special Enrollment Period

Medicaid & CHIP

Health Insurance FAQs

Community Events

Elite Plus Circle of Champions

This website is operated by Healthedly Insurance Services, LLC. It is not the Health Insurance Marketplace website. Not connected with or endorsed by the U.S. government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

Leave Us A Review  |  Privacy Policy

© Copyright Healthedly Insurance Services, LLC. All Rights Reserved.
  • Facebook
  • Twitter
  • Instagram
4 Ways Pets Reduce Health RisksHealthedly-BlogHealthedly-BlogJust 30 Minutes Of Exercise A Week Could Help Increase Your Life Expectancy
Scroll to top