Why don't states in the US come up with their own health insurance program? So people can pay into it prolly less then what they pay now and the state put the money in a bank and use the interest for
Why don't states in the US come up with their own health insurance program? So people can pay into it prolly less then what they pay now and the state put the money in a bank and use the interest for
the people?
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Every state that receives federal medicaid money administers their own state run health insurance
The program is partially funded and primarily managed by state governments, which also have wide latitude in determining eligibility and benefits, but the federal government sets baseline standards for state Medicaid programs and provides a significant portion of their funding. States are not required to participate in the program, although all have since 1982.
The percentage varies, but the federal government funds more than half.
Also it's only for people with limited income and resources.
Which also makes it more expensive, as insurance gets cheaper the more people are on the same provider
And thats why the one I was on went from 33 bucks to 155 bucks a month in a years time.