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In 2008, the maximum annual income needed for a family of four to fall within 100% of the federal poverty guidelines was $21,200, while 200% of the poverty guidelines was $42,400. [29] Other states have similar CHIP guidelines, with some states being more generous or restrictive in the number of children they allow into the program. [30]
For states that do expand Medicaid, the law provides that the federal government will pay for 100% of the expansion for the first three years, then gradually reduce its subsidy to 90% by 2020. [ 90 ] [ 91 ] As of August 2016, 31 states and the District of Columbia have expanded Medicaid. [ 76 ] (
The federal poverty level is related to a determined percentage that defines how much of that family's income can be put towards a health insurance premium. For instance, under the House Bill, a family at 200% of the federal poverty level will spend no more than 5.5% of its annual income on health insurance premiums.
A similar program was launched in late 2022 by Cook County, Illinois (which encompasses the entirety of Chicago as well as several suburbs) which sent monthly $500 payments to 3,250 residents with a household income at or below 250% of the federal poverty level for two years.
[43] [50] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [51] States may choose to increase the income eligibility limit beyond this minimum requirement. [51] As written, the ACA withheld all Medicaid funding from states declining to participate in the expansion.
Lori Elaine Lightfoot (born August 4, 1962) [1] [2] is an American politician and attorney who was the 56th mayor of Chicago from 2019 until 2023. [3] She is a member of the Democratic Party.