9. Medicaid spending is concentrated on the elderly and people with disabilities. Seniors and people with disabilities make up 1 in 4 beneficiaries but account for almost two-thirds of Medicaid spending, reflecting high per enrollee costs for both acute and long-term care (Figure 9). Who are the largest group of […]
The typical wait time is three months. The pace of processing applications has accelerated over time. Still, at the current rate of approvals, it would take more than 36 weeks for those who remain in line to receive a decision on their applications — until around Thanksgiving 2022. How do […]
An estimated 47.3% of Whites, 40.0% of African Americans, and 30.0% of Native Americans met new eligibility criteria for Medicaid, compared with 81.1% of Asian Americans, 57.0% of Latinos, and 55.1% of individuals of more than 1 race. Who are the largest group of people receiving Medicaid? The distribution of […]
11.4 percent. Oregon’s poverty rate edged down in 2019 to 11.4 percent, continuing a string of declines that began in 2012 as the state and nation recovered from the Great Recession. What is poverty level in Oregon? The Oregon Poverty Measure is meant to supplement the federal Official Poverty Measure, […]
A popular rule of thumb says your income should be around 3 times your rent. So, if you’re looking for a place that costs $1,000 per month, you may need to earn at least $3,000 per month. How much money do I need to live alone? This is a useful […]
around 17.8 percent. The percentage of Americans covered by the Medicaid public health insurance plan increased slightly from 2019 to around 17.8 percent in 2020. However the percentage of those insured through Medicaid remains lower than the peak of 19.6 percent in 2015. What percentage of the US population is […]
It also pays for more than 50% of all births in the state and 55% of all patient days in long-term care facilities. In total, over 13 million Californians — one in three — rely on the program for health coverage. What percentage of Californians have Medi-Cal? In total, 9.5% […]
The Pew Research Center has put a financial definition to the term “middle income.” To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003 to $90,010, according to a new set of reports released Wednesday. What is the […]
The requirements for applying for a housing subsidy To apply for a government housing subsidy, you have to be registered on the municipal housing demand database, or national housing needs register and have the proof of such registration. Who qualifies for a housing subsidy in South Africa? You must be […]
Households must be very low-income (50% of median income) with at least one adult member with a disability. The Project Rental Assistance Program residents must be extremely low-income (30% of median income). There must be at least one adult member with a disability. Median household income for residents is $9,204. […]
States with the Cheapest Obamacare in 2021 At $292 per year, Minnesota has the cheapest average benchmark premium in 2021. Minnesota’s premium is more than $150 less than the average national benchmark premium of $443 per month (before a tax credit). What state has the best free healthcare? Hawaii is […]
Health insurance premiums can count as a tax-deductible medical expense (along with other out-of-pocket medical expenses) if you itemize your deductions. You can only deduct medical expenses after they exceed 7.5% of your adjusted gross income. WHAT CAN 2021 write off? What Can I Deduct On My Taxes 2021? Higher […]
The risks of going uninsured are primarily cost related. Some of the main risks that you could face by going uninsured are: Steep healthcare costs – Without health insurance you may get charged much more for care that would otherwise be covered by your plan. Is it worth it to […]
Modified Adjusted Gross Income (MAGI) Medicaid. MAGI Medicaid is a state and federally-funded program which helps low-income Oregonians with medical coverage. One of the goals of the Affordable Care Act (ACA) was to make administration of Medicaid easier while expanding Medicaid coverage to a broader population. What is magi in […]
And the law requires nearly all Americans to have health coverage. Most coverage satisfies this requirement, including: Insurance you get from an employer. Insurance you buy yourself. Is insurance always necessary? Some people don’t need any life insurance. Others need it to provide a million dollars or more in the […]