Medicaid Disenrollment
Medicaid Disenrollment: What happens if you've been disenrolled from Medicaid? Jae Oh discusses a new report from the Kaiser Family Foundation finding Medicaid disenrollment is rising.
Key Takeaways
- Treat Medicaid disenrollment letters seriously—they're not junk mail. You have 60 days from the date your Medicaid ends to apply for individual health insurance through the ACA as a qualifying life event.
- If you returned to work and have employer-sponsored insurance, you cannot simultaneously decline your employer plan and receive ACA health insurance subsidies, unless you qualify for specific exceptions that require documentation with CMS.
- Contact your state's Department of Health and Human Services to verify disenrollment reasons, as administrative errors can occur. You'll be assigned a caseworker to help gather required information.
- Use GH2benefits.com or healthcare.gov to get free estimates of health insurance costs based on your age, family size, zip code, and income—understanding cost upfront helps you plan your coverage options.
- Consult resources like Medicaid.gov, Kaiser Family Foundation, and the National Health Law Program to understand tax credit implications and ACA exceptions, as these are complex tax-related matters with significant financial consequences.
Medicaid Disenrollment: What happens if you've been disenrolled from Medicaid? Jae Oh discusses a new report from the Kaiser Family Foundation finding Medicaid disenrollment is rising. To watch more videos on finStream featuring Jae Oh, author of Maximize Your Medicare, please visit Jae's profile page: https://www.finstream.tv/featured/jae-oh/
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