The federal government will likely pony up less next year for a joint state- and federally funded health insurance program for low-income residents created by the Affordable Care Act.
Under a payment formula finalized Nov. 1 by the Department of Health and Human Services, states will likely receive $151 million less next year for the Basic Health Program, which covers low-income people who don’t qualify for Medicaid and would otherwise have to get private individual coverage under Obamacare. States have the option to put such programs in place as a way continue care for people whose income fluctuates above ...
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