Connect with us

Hi, what are you looking for?

Latest News

Oklahoma Medicaid cut will affect coverage for 300,000

F

Video

Nearly one-quarter of Oklahomans receiving health care through Medicaid, about 300,000 people, will no longer be eligible by the end of this year, mostly because they or a parent earn too much to qualify, state health officials said Tuesday.

Oklahoma Health Care Authority CEO Kevin Corbett outlined the state’s plan to notify people who are losing coverage over the next nine months. Corbett says most of those people, including children, will be phased out because they or a caregiver earn more than 138% of the federal poverty level, which is the income threshold to qualify for the program called SoonerCare in Oklahoma. The threshold translates to about $18,000 a year for an individual or about $39,000 for a family of four.

At the start of the pandemic in March 2020, the federal government agreed to allow people to stay on Medicaid even if they started to make more money than usually allowed. That ended in December when Congress passed a bill that included ending the COVID-19 public health emergency.

Nationwide, millions are expected to be bumped from Medicaid, which provides health care coverage to nearly 80 million low-income people. The federal government also will wind down extra funds given to states for the added enrollees over the next year.

In Oklahoma, roughly one-third of the population, or 1.3 million people, receive health coverage through Medicaid, said Corbett, who also is Gov. Kevin Stitt’s cabinet secretary of health and mental health. He estimated about 300,000 of those recipients would lose coverage, about 60% of whom are adults ages 19 to 64, and the rest being children.

The first group of people losing coverage will be out of SoonerCare by April 30, and consist of those earning more than the income threshold, who have no children and already have other health coverage, Corbett said. Roughly a month later, more people without children will be cut off, even if they have no other coverage. That group will be limited to people with few or no health care claims over the last six months.

‘We’ve thought long and hard about how to do this with a level of compassion and making sure we don’t impact our most vulnerable,’ Corbett said.

Health officials are hopeful most of those who lose coverage will be able to enroll in a plan through the federal marketplace, which offers tax subsidies to help low- and moderate-income people purchase health insurance. Some who have found jobs may be able to join employer-sponsored plans.

This post appeared first on FOX NEWS







    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!





    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Russia’s Arrest Warrant for Lindsey Graham: A Diplomatic Tug-of-War Unveils Deepening Tensions Article: In a startling turn of events, Russia has issued an arrest...

    Stock

    Mastering the Covered Calls Options Strategy: A Comprehensive Guide for Investors Introduction: Covered calls are a popular options strategy used by investors to generate...

    Latest News

    23 GOP-Led States Rally Behind Florida’s Challenge to Biden’s Policy on Migrants Released Without Court Dates Introduction: In a significant show of solidarity, 23...

    Investing

    Top 10 Manganese-producing Countries: A Look at the Global Leaders in Manganese Production (Updated 2023) Manganese is an essential metal used in various industrial...

    Disclaimer: Worldmarkettitans.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Worldmarkettitans.com