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Proposition 2 would expand Medicaid coverage to persons under the age of 65 if their income is below 133% of the Federal Poverty Line (FPL) and are unable to gain medical insurance or coverage through other means. The estimated amount for Medicaid expansion in Idaho is 105 million dollars.
The plan would cut the corporate tax rate from 35 percent to 20 percent; allow companies to immediately deduct their capital investments; phase out the taxation of U.S. corporate income earned abroad; cut the capital-gains tax rate for individuals from 23.8 percent to 20 percent; eliminate the alternative minimum tax and federal estate tax ...
In participating states, Medicaid eligibility is expanded; all individuals with income up to 133% of the poverty line qualify for coverage, including adults without dependent children. [82] [88] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [89]
[33] [34] For example, in Kansas, where only non-disabled adults with children and with an income below 32% of the poverty line were eligible for Medicaid, those with incomes from 32% to 100% of the poverty level ($6,250 to $19,530 for a family of three) were ineligible for both Medicaid and federal subsidies to buy insurance. [27]
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.
One of the sections that the Court made optional was the requirement that states expand Medicaid eligibility to childless adults at or below 133% of the federal poverty level (FPL). The court decision had unique implications for Arizona because the voters had already expanded Medicaid coverage to all individuals up to 100% of FPL when they ...
The percentage is based on the percent of federal poverty level (FPL) for the household, and varies slightly from year to year. In 2019, it ranged from 2.08% of income (100%-133% FPL) to 9.86% of income (300%-400% FPL). [68] The subsidy can be used for any plan available on the exchange, but not catastrophic plans.
In participating states, Medicaid eligibility is expanded; all individuals with income up to 133% of the poverty line qualify for coverage, including adults without dependent children. [43] [50] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [51]