Congressional Budget Office predicts $800 million bill for 5 years of CHIP

Congressional Budget Office CHIP

The Children’s Health Insurance Program covers almost 9 million low income kids in the country. The Congressional Budget Office released a prediction from its analysts that the Children’s Health Insurance Program (CHIP) will cost $800 million for a 5 year renewal. This total could help lawmakers to overcome one of the main challenges to the program’s renewal. Some states risk running out of funding for their kids’ coverage as soon as the close of this month. Prior analyst estimates suggested the cost of renewing CHIP would be closer to $8.2…

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CHIP funding will run dry in several states by the end of January

child kid CHIP funding

Kids in many places across the country and whose families have low incomes will be without health insurance. CHIP funding was allowed to expire on September 30, 2017 and, despite the fact that the program has bipartisan support, it still has not been renewed. States have been doing what they could to compensate for the medical expenses without federal money. Unfortunately, some states haven’t fared as well as others. Now, many of the 9 million children enrolled in the program, as well as pregnant mothers and babies born over the…

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Texas Children’s Health Insurance Program to receive $135 Million

CHIP Texas children's health insurance program

The federal Centers for Medicare and Medicaid Services is sending funds to the state to keep the program alive. The Texas Children’s Health Insurance Program was rapidly running out of funds as federal Congress has yet to renew CHIP’s funding. That said, the Texas Health and Services Commission wrote to Governor Greg Abbott to inform him that the federal Centers for Medicare and Medicaid Services will be providing the state with $135 million to sustain the program until the end of February. In Texas, CHIP provides over 450,000 uninsured kids…

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Governor promises Vermont children’s health insurance won’t suffer from federal cuts

pediatrician baby Vermont children’s health insurance

Phil Scott has acknowledged that the state will now need to cover millions as a result of the federal government. Vermont children’s health insurance will be losing millions of dollars in federal funding due to the federal government. Congress has yet to act in order to offer federal Medicaid funding for the Children’s Health Insurance Program (CHIP), leaving states at risk of losing coverage for their youngest residents, or coming up with the funding themselves. According to Phil Scott, kids in low income families in Vermont will not be losing…

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Kids health insurance penetration is rising considerably with the ACA

Children’s Health Insurance Program kids

The number of uninsured children has seen a striking drop since the Affordable Care Act was implemented. The Anne E. Casey Foundation – a top children’s welfare group – urged federal and state lawmakers to maintain kids health insurance under the ACA. They sought continued investments into programs aimed at the amelioration of children’s health. Since Obamacare first passed, there number of uninsured kids in the United States fell like a stone. From 2010 through 2015 there was a massive spike in the number of children covered by kids health…

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Children’s Health Insurance Program funding slashed in Trump budget

Children’s Health Insurance Program

While that program is hacked down by 20 percent, millions more kids will be affected with the Medicaid reductions. President Donald Trump’s budget plans will take down the Children’s Health Insurance Program funds by at least a fifth of its current size within two years. At the same time, Medicaid, a program that covers millions of other kids, will also be axed down in size. Millions of families may watch their health plans disappear if the president’s proposed budget passes. The budget, entitled “A New Foundation for American Greatness,” would…

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Florida health insurance loses Stars Plus plan

CHIP Health Insurance for Children

This takes away a coverage opportunity for children who have limited other options available. A special Florida health insurance plan called Stars Plus has been providing kids with few coverage options with financial support for their medical needs. Now, that health plan is being cancelled, reducing options for these families even further. The health plan will no longer be available as of the end of this year as it will not renew into 2017. At the moment, this special Florida health insurance plan provides coverage to 9,620 kids throughout the…

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Tennessee children’s health insurance program will be federally funded

Children’s Health Insurance Program kids

The state is about to save over $100 million over two years as the federal government picks up the tab. As the federal government takes over the majority of the bill for the children’s health care program in Tennessee, the state will now be able to save more than $100 million over a span of two years. The state has managed this by taking advantage of a provision of the Affordable Car Act that isn’t widely known. This windfall is certainly expected to be a helpful one, though temporary, as…

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Insurance coverage for children’s wigs could become mandatory

children wig health insurance coverage

If a new bill should pass the House in Michigan, it will mean health plans will be required to provide cover. New legislation that has been introduced in the Michigan House could soon mean that there will be health insurance coverage for wigs for children who have lost their hair as a result of an illness. This bill would classify the children’s wigs as being prosthetics and would require them to be covered. This way, the insurance coverage would be the same for the wigs as they would be for…

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Health insurance for children is at risk in the US

Children’s Health Insurance Program kids

Children could be losing their insurance coverage in the coming year Health insurance for children in the United States may be at risk. Congress has chosen not to reauthorize the Children’s Health Insurance Program (CHIP) and a the King v. Burwell case concerning health insurance subsidies is currently being heard by the Supreme Court. These issues could lead to a significant number of children, as well as their families, losing coverage in the relatively near future. The loss of insurance coverage could place some children at risk, especially if they…

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