ACA Medicaid Expansion in Missouri: What It Means for You
The Affordable Care Act (ACA) allowed states to expand Medicaid eligibility, which was designed to help low-income individuals gain access to healthcare. In Missouri, Medicaid was expanded under the ACA, allowing more people to qualify for free or low-cost healthcare coverage. This has had a significant impact on the availability and affordability of healthcare for Missouri residents.
What is Medicaid Expansion?
Medicaid expansion under the ACA allows states to extend Medicaid coverage to individuals and families with incomes up to 138% of the federal poverty level (FPL). Before Medicaid expansion, coverage was only available to certain low-income groups, such as children, pregnant women, seniors, and people with disabilities. With expansion, more adults who were previously ineligible for Medicaid can now access coverage.
In Missouri, Medicaid expansion went into effect in July 2021, offering health coverage to an estimated 275,000 more people. Under this expansion, Missouri residents who earn up to $19,391 per year (for an individual) or $39,102 (for a family of four) may now qualify for Medicaid coverage.
Benefits of Medicaid Expansion in Missouri
Comprehensive Coverage: Medicaid covers a wide range of services, including doctor visits, hospital stays, prescription medications, preventive care, and mental health services.
Lower Costs: Medicaid offers low or no premiums and low out-of-pocket costs, making it one of the most affordable health coverage options available.
No Discrimination: Medicaid does not take into account pre-existing conditions, making it an excellent option for those with chronic health conditions.
How to Apply for Medicaid in Missouri
To apply for Medicaid in Missouri, visit the Missouri Medicaid website or apply through the HealthCare.gov Marketplace. You will need to provide proof of income, household size, and other information to determine your eligibility.
Contact Us
At Riverside Insurance Professionals, we can help you understand how Medicaid expansion impacts your eligibility and assist with the application process. Reach out to us today for help finding the best coverage options for your needs.
Phone: (573) 535-6044
Email: Jennifer@RiversideInsuranceProfessionals.com
Office Hours: Monday – Friday, 9:00 AM to 5:00 PM
For more information on Medicaid eligibility, visit HealthCare.gov.