05-20-2020 Healthcare

Are You Eligible for Medicaid?

Are You Eligible for Medicaid?

The COVID-19 pandemic has resulted in a strained economy, affecting all Americans in some way. While adjusting to a new normal during financial hardship, it’s important for individuals and their families to know what resources are available and how to access them, such as health insurance for doctors’ visits, hospitalizations, and prescription medication. You may be eligible for Medicaid based on your income and family size. Let’s break down the basics for both.

Income Qualifications

Your income eligibility will depend on what state you live in. Each state has the ability to adjust the income eligibility level in order to insure more people. In order to determine your eligibility for Medicaid in your state, you can visit your state’s Medicaid website1. Find yours at https://www.medicaid.gov/

Family Size Qualifications

When exploring your eligibility for Medicaid based on your family size, take into consideration all members of your household that you would include for tax purposes. This includes the tax filer, the tax filer's legally married spouse, and any children who are tax dependents. Visit HealthCare.gov for a complete breakdown of who should and should not be included when applying for Medicaid based on the people in your household2.

Other Eligibility Requirements

Healthcare.gov provides an online form to submit basic information regarding your income, state and number of people living in your household. This information will generate a response with next steps based on if you’re eligible, or if you may need to apply based on other factors like disability or family status3. If you’re eligible, Medicaid will provide you and your family with medical coverage for essential healthcare from prescription medication to emergency medical visits.

Prescription Savings

To manage prescription medication costs for your family, you can always utilize free Rx savings programs that offer prescription discount cards and coupons. America's Pharmacy offers these discounts with no cost or obligation to the user.

Sources:

1. https://eligibility.com/medicaid/whats-the-income-level-requirement-to-qualify-for-medicaid

2. https://www.healthcare.gov/income-and-household-information/household-size/

3. https://www.healthcare.gov/medicaid-chip/