It's possible to get on the government's health plan if you're younger than 65. Discounted health insurance premiums may be available depending on a number of criteria. Among these factors is, of course, your annual salary, but there are others as well. The current income threshold for Medicaid eligibility is $13,000 for an individual.
In addition to individuals with low incomes, families of four with incomes of $26,500 or less annually are eligible for Medicaid benefits.
Exactly what does Medicaid entail? Non-retirees who earn less than the federal poverty threshold are eligible for a Medicare-like program. You'll have different out-of-pocket costs depending on factors like your family size, health, other government assistance you get, and income.
Patients with renal disease or amyotrophic lateral sclerosis (ALS) or those who are already covered under a disability insurance program are good examples of people who are likely to be accepted.
You also need to meet the requirements of your own state. In addition to federal requirements, each state sets its own and checking with your state's Medicaid website and eligibility tool is a useful first step if you think you might qualify.
If you meet the requirements, your monthly premiums for medical treatment may be little or even zero. This policy, like all others, requires annual renewal and continued eligibility.
