A key goal of the Patient Protection and Affordable Care Act (ACA) is to allow more Americans to have health coverage by providing affordable health insurance. Under the new law, Rhode Islanders will be covered through several ways:
- Affordable Employer Sponsored Coverage
- Medicaid: People with incomes that are at or below 138% of the federal poverty level (including adults without children) qualify for Medicaid coverage.
- Exchange Subsidy: People with incomes that are higher than the 138% of the federal poverty level (FPL) but below 400% will qualify for financial assistance to help them buy private insurance through the new health insurance Exchange.
- State Option: Basic Health Program
This issue brief will explain the Basic Health Program, and how this option will help Rhode Island families.