We are barely two weeks into 2016, and there have already been attempts to limit access to healthcare for Americans. Last week President Obama vetoed a bill that would have repealed the Affordable Care Act (ACA, aka Obamacare) and cut all federal funding to Planned Parenthood. The veto marks the first time a bill to repeal the Affordable Care Act has passed through Congress after more than 50 attempts. In previous blog posts, we explored how the ACA has in fact insured over 10 million people and the many services provided by Planned Parenthood to both men and women. […]
Tag: Health Insurance
ACA Insures Over 10 Million People
Having health insurance is vital to one’s health and financial well-being in the United States. Out-of-pocket medical expenses are the leading cause of personal bankruptcy. Even with new laws such as the Affordable Care Act (ACA)—aka “Obamacare”—11.7% of Americans remain uninsured. Analysts have only recently been able to examine the data of uninsured rates prior to ACA’s implementation to now. WalletHub released the stats for all 50 states and Washington DC and ranked each by their current uninsured rate; Massachusetts is ranked highest with only 3.28% uninsured, and Texas is ranked last with 19.06%. In numbers, even the last-ranked […]
Affordable Care Act Helps Americans Ages 50-64
In the past five years since the passage of the Affordable Care Act (ACA), there have been strong supporters and fierce opponents. No matter what side of the ACA one falls, it’s hard to deny the positive results it has had in some people’s lives. Since 2013, uninsured rate dropped by 31% among Americans ages 50-64. Elderly Americans are among the most underserved populations in the country, and are at risk of struggling with poverty and disparity in health care. The ACA expanded access to health insurance coverage to 50- to 64-year-olds through several provisions, including expanding eligibility for […]
Skipping Prescriptions Due to Costs
A new study from the National Center for Health Statistics has found that 8% of Americans don’t take their medicines as prescribed because they cannot afford them. Nearly 20% of prescriptions never get filled. Approximately 15% of respondents reported asking their doctors for a lower-cost alternative, and 2% admitted to having bought prescription drugs from another country. With 82% of Americans being prescribed at least one prescription medication, the numbers can become alarming for anyone. In previous blog posts we have discussed the lengths people will go to save money, such as spending less ongroceries or entertainment, relying more […]
All About Medicaid
Here at NeedyMeds we regularly refer people to their state’s Medicaid program, and in today’s blog post we are going to explain exactly what Medicaid is and how it functions. Are you currently enrolled in Medicaid? Share your experience with us in the comments section. How is it Financed? Medicaid, sometimes called Medical Assistance, is a joint federal and state entitlement program for people with limited income that helps to pay for medical costs. It receives a combination of funding from both the state and federal government. The amount paid to each state by the federal government, also known as […]