poverty

Study: 5.2 Million Americans Will Fall Into Medicaid ‘Coverage Gap’

Posted on 10/16/2013 by |Health | Comments

Bulletin Today | Personal HealthBy Phil Galewitz, Kaiser Health News About 5.2 million poor, uninsured adults will fall into the “coverage gap,” created by 26 states choosing not to expand Medicaid under the federal health law next year, according to a study released today by the Kaiser Family Foundation. (Kaiser Health News is an editorially independent program of the foundation.) Sign up for the AARP Health Newsletter These people are projected to have incomes too high to qualify for their state’s existing Medicaid programs, but below the federal poverty …

Losing a Job and Insurance? The New Marketplace Might Help

Posted on 09/17/2013 by |Health | Comments

Bulletin Today | Personal HealthBy Michelle Andrews, for Kaiser Health News Workers who lose their jobs and their employer-based health insurance will have new coverage options when the Affordable Care Act’s state marketplaces open in October. But consumer advocates are concerned many may not realize this and lock themselves into pricier coverage than they need. Today, the only option for many laid-off workers is to continue their employer-provided coverage for up to 18 months under the federal law known as COBRA. Because they have to pay the …

Social Security’s 78th Anniversary: Then and Now

Posted on 08/20/2013 by |AARP Blog Author | Comments

Public Policy InstituteTo help celebrate Social Security’s 78th anniversary, here is a comparison of how the country — and Social Security — have changed since 1940, when Ida May Fuller received Social Security’s first monthly benefit. Since 1940, the number of Americans age 65 and over has quadrupled, more than doubling as a percentage of the population. Sources: http://www.census.gov/prod/www/decennial.html and http://www.census.gov/population/age/data/2011.html   The number of individuals receiving a Social Security benefit, since benefit checks were first issued in 1940, has increased over …

Will You Get an Insurance Subsidy? How Much?

Posted on 08/15/2013 by |Health | Comments

Bulletin Today | Personal HealthBy Julie Appleby, Senior Correspondent, Kaiser Health News If you buy your own health insurance, you’ve no doubt heard that subsidies will be available next year to help pay the premiums. But will you get a subsidy and how much? A report from researchers at the Kaiser Family Foundation provides some insight. Based on their analysis, about 48 percent of adults currently purchasing coverage for themselves will be eligible for subsidies next year – and those subsidies will average $5,548 …

Social Security: Still Lifting Many Older Americans Out of Poverty

Posted on 07/1/2013 by |AARP Blog Author | Comments

Public Policy InstituteIn the early 1930s, before Social Security was created, many older Americans were destitute or depended on help from family and friends for basic needs like food and shelter. Today, Social Security is the nation’s single most important anti-poverty tool – lifting about 21.4 million people of all ages out of poverty. Social Security lifts about 35 percent of older Americans (almost 14.5 million) out of poverty by providing a regular, guaranteed retirement income. Thanks to Social Security, only about …

Is Poverty Among Older Americans Undercounted?

Posted on 05/24/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsPoverty levels are much higher for older Americans when you factor in how much they need to spend on health care, the Census Bureau has found. While 9 percent or so of all Americans 65 and older were below the official poverty threshold in 2011 ($10,788 for an individual), 15 percent were below an alternative threshold that takes into account spending on health care. The alternative measure also takes into account variations in the cost of living, taxes, whether a …