The health law’s expansion of Medicaid coverage to adults with incomes over the poverty line was key to reducing the uninsured rate among 50- to 64-year-olds from nearly 12 percent to 8 percent in 2014, according to a new analysis.
The Affordable Care Act allows states to offer Medicaid to low-income adults who would not have qualified under previous law. Twenty-eight states and the District of Columbia offer this expanded coverage. Those who qualify will face higher cost-sharing requirements when they transition from Medicaid expansion coverage to Medicare, but some may be eligible for traditional Medicaid benefits or Medicare Savings Programs (MSPs) that will help reduce their costs.
Hospitals and health-care systems in the 21 states that aren't expanding Medicaid, the health program for low-income Americans, may be in for an especially rough financial ride.
I generally don't like to tell people that I majored in economics in college, because - the painful truth be told - there's not a lot that I actually remember about " the dismal science."
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