Medicaid and CHIP: Key Findings for ACA Health Insurance
The Children’s Health Insurance Program (CHIP) and Medicaid are essential sources of health insurance for low-income children and families. As of January 2017, 49 states cover children and 34 states cover pregnant women with incomes at or above 200% of the Federal Poverty Level (FPL).
Here are some of the key findings from a recent report by the Kaiser Family Foundation (KFF).
Medicaid and CHIP coverage has increased significantly since the Affordable Care Act (ACA) was passed. In 2017, there were an estimated 40 million Medicaid beneficiaries and 9 million CHIP beneficiaries.
Medicaid and CHIP are the primary sources of coverage for low-income children. In 2017, Medicaid covered 42% of all low-income children and CHIP covered 12%.
Medicaid and CHIP provide a wide range of benefits, including doctor visits, hospital care, prescription drugs, and mental health services.
Medicaid and CHIP are cost-effective. The KFF report found that Medicaid and CHIP saved the federal government an estimated $21 billion in 2017.
Pregnant Women and CHIP
The report found that Medicaid and CHIP are the main sources of coverage for low-income pregnant women. In 2017, Medicaid covered 45% of all low-income pregnant women and CHIP covered 12%.
Medicaid and CHIP provide a wide range of benefits for pregnant women, including prenatal care, delivery, and postpartum care. Medicaid and CHIP also provide coverage for newborn babies.
The Future of Medicaid and CHIP
The future of Medicaid and CHIP is uncertain. The Trump administration has proposed cutting funding for both programs. If these cuts are enacted, it would result in millions of low-income people losing their health insurance.
It is important to note that Medicaid and CHIP are essential programs that provide health insurance to millions of low-income people. Cuts to these programs would have a devastating impact on the health of low-income families.
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