Understand your options if you lose Medicaid or CHIP

Date:

Share post:


Published on June 10, 2023

For the past few years, states had to continue your coverage in Medicaid (and in some cases the Children’s Health Insurance Program (CHIP)), even if your income or other factors changed that would typically make you ineligible.

States are now returning to normal operations, so they’ll recheck your eligibility for these programs again. If your state finds that your household income is now too high or other changes make you ineligible, you may lose your Medicaid or CHIP coverage.

If this happens, you have other options for health insurance.

Your options to enroll in health coverage:

Apply for Marketplace coverage at HealthCare.gov

  • Most people qualify for savings on a health plan to lower their monthly premium and what they pay when they get care.
  • 4 in 5 customers are able to find health coverage for $10 or less a month.
  • All Marketplace plans cover doctor’s visits, prescription drugs, emergency care, mental health, hospitalizations, and more.
  • You can apply and enroll in a Marketplace plan as early as 60 days before your Medicaid or CHIP coverage ends to avoid a gap in coverage.
  • From March 31, 2023 – July 31, 2024, you can also apply for a Marketplace plan any time after your Medicaid or CHIP coverage ends. You’ll have 60 days after submitting your application to enroll in a plan that will start at the beginning of the next month after you complete your enrollment.

Enroll now to get coverage that can start the first of next month.

Explore your eligibility for Medicaid, CHIP, & Medicare

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Kenya to use World Bank loan to clear Sh65bn Eurobond

Kenya will use part of the recently obtained Sh156.8 billion loan from the World Bank to clear...

Tesla recalls 125,000 vehicles over seat belt warning system concerns

Tesla is recalling more than 125,000 vehicles to fix a seat belt warning system that may increase...

Sibanye Stillwater Stock: A Cyclical Swing Underway (NYSE:SBSW)

Because of all the risks I've listed, I'd recommend that you be very careful about buying...

10 Profitable Business Ideas (real examples + how to start)

Want to start your own business but aren’t sure how to get started? Entrepreneurship is an incredible...