Tag Archives: Medicaid

Obamacare: when to drop your child

When do I have to drop my child from my health plan at work? Cutting The Ties Dear Cutting The Ties, In most states and situations, your insurer will drop your child the month after he or she turns 26.  If your plan offers COBRA, then COBRA would be available.  Some states require insurers to allow […]

U.S. spends more on healthcare, no easy answer why

How is the U.S. spending so much money on healthcare when people pay for their medical bills with health insurance? Home Economist Dear Home Economist, If your question is about why the U.S. (federal) government spends so much money, then the answer is four-fold: 1) Medicare 2) Medicaid 3) Federal government employees 4) Military members and families Altogether, the federal […]

Obamacare: did not change Medigap plans

I have a friend whose husband is dying.  He is getting a lot of medical care, including stuff that Medicare does not cover.  It’s costing them a lot of money.  They are both in their 70′s, retired to New Mexico, and never bought a Medicare supplemental plan.  Can they buy one now?  And would his […]

Affordable Care Act: how your income affects your plan options

How does one’s social economic status affect one’s health insurance options in the United States? Curious Dear Curious, With health reform (also known as Obamacare, or the Affordable Care Act), a person’s income affects how much he pays for his own health insurance.  The person is still free to choose a plan that suits him, […]

Affordable Care Act: best plan depends on age, income, health

What is the best insurance option for someone who is self-employed and lives in Indiana? Salesman Dear Salesman, The best plan depends upon your age, your income, and your routine use of medical services.  First your age: if you are under age 30, you can choose a less expensive Catastrophic Plan.  This works well if […]

Unemployed, homeless – how to get mental health care

How can an unemployed and homeless young adult that is still under their parent’s health insurance get medical attention for mental health issues if they cannot pay for the doctor’s visit? Couch Surfer Dear Couch Surfer, Your parent’s health plan, if it meets health reform standards, covers mental health care.  Mental health and substance abuse […]