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Lower Cost Health Insurance Through Medicaid?

Updated: 9/16/2019
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13y ago

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Sometimes, the cost of employer sponsored health insurance can be too much. For the unemployed and very low income, there may not even be any available health insurance. One solution to this problem is to look for the Medicaid programs in your state.

Every state has a Medicaid program, although the names are all different, which is designed to cover those who do not have health insurance or who cannot afford it. For those who have no access to health insurance, Medicaid can provide nearly free coverage.

For those who do have access through their employer but cannot afford it, Medicaid may be a very low cost option. Health insurance is critical to have in case of emergencies and there are many ways to get insurance if you do not currently have any.

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Q: Lower Cost Health Insurance Through Medicaid?
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Where can you find cheap health insurance?

One of the ways of looking into getting cheaper health insurance is through the use of medicaid. Even with employment, you can still qualify if you are recieving lower income. Medicaid helps in providing health care for your entire family. If you are someone who has reached the age of 65 and above, then you will qualify for medicare. Medicare is given by the govt with social security. Obtaining a health insurance discount card can also help in paying discount fees each time you see your doctor or visit hospital in emergency times. You are required to pay a monthly fee for the card.


Will there still be state medicaid for people who cant afford health insurance?

State medicaid is available to people who meet the income standards (i.e. have income lower than a certain percentage of Federal Poverty Limits), and/or who are deemed disabled by Social Security Administration. It's not based upon whether the person can afford private health insurance. Under health reform, states can choose to offer medicaid to all people whose incomes are lower than 133% of Federal Poverty Limits. Watch for news in your state about this -- it may come in 2014.


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