California Healthline: More Than 100K Early Retirees Eligible for Expanded Medicaid

More than 100,000 “early claimers” — or individuals who retire early and claim Social Security benefits at age 62 — might be eligible for Medicaid in the states that expanded Medicaid under the Affordable Care Act, according to a report by the Government Accountability Office, Modern Healthcare reports.

The report found that roughly one million early retirees lacked either Medicaid coverage or employer-sponsored coverage before the ACA’s insurance options took effect earlier this year.

According to the agency, 14% of those individuals might be eligible for coverage through Medicaid in the 25 states and Washington, D.C., that expanded Medicaid programs under the ACA. Meanwhile, another 58% could be eligible for tax credits to offset the cost of private coverage through the health insurance exchanges, the report found.

Continue reading here: http://www.californiahealthline.org/articles/2014/6/4/thousands-of-early-retirees-eligible-for-expanded-medicaid-coverage

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  • LAAAC is managed by St. Barnabas Senior Services; Funded, in part, by Archstone Foundation.
  • St. Barnabas Senior Services

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