Millions Lose Medicaid Coverage in 2023

By: NewsUSA
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

(Matthew Du, NewsUSA Reporter) - Medicaid is a government-subsidized medical insurance program for eligible Americans of limited income and disabilities. As of September 2023, over 81.4 million are under the program. 

 

During the pandemic, eligibility checks were halted as Medicaid beneficiaries had "pandemic protection," which lasted until April 2023. Since then, there has been a reevaluation or "unwinding" of enrollees by the state government. As of December 2023, over 13 million individuals lost Medicaid coverage, and enrollment decreased by 7.8 million. 

 

Those no longer entitled to Medicaid need to find insurance based on the Affordable Care Act (ACA). The law subsidizes part of insurance costs based on household income. 

 

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  270.64
+270.61 (987637.23%)
AAPL  312.06
-0.45 (-0.14%)
AMD  516.10
-1.99 (-0.38%)
BAC  51.60
+0.83 (1.63%)
GOOG  376.43
-9.69 (-2.51%)
META  632.51
-2.78 (-0.44%)
MSFT  450.24
+450.20 (1056801.41%)
NVDA  211.14
-3.11 (-1.45%)
ORCL  225.78
+22.08 (10.84%)
TSLA  435.79
-6.31 (-1.43%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.