Clearwater, Florida (PRWEB) June 24, 2013
As the owner of a company that deals with Medicaid eligibility, Robert Oliver Clearwater professional, stays abreast of new developments. Expanding Medicaid could provide valuable benefits for Florida residents and businesses. A recent article posted on Bloomberg discusses the possibility of Medicaid expansion and what it would mean for the state of Florida.
When it came time to vote on a proposal that would extend Medicaid coverage to low-income residents without sufficient health care, Florida lawmakers could not come to an agreement. Business leaders were in strong support of this portion of President Barack Obama’s federal healthcare law. The Associated Industries of Florida, the Florida Chamber of Commerce, and Republican Governor Rick Scott backed it as well. They will have to wait until next year to push for it again.
The law would allow the state “to expand Medicaid by raising income eligibility limits to 138 percent of the 2013 poverty level, or those making as much as $32,499 for a family of four.” The state would receive approximately $51 billion in federal funding to accomplish this, and the government would cover all costs for the first four years. By 2020 the funding would decrease to around 90 percent.
The law would have a big impact on businesses. It would require those companies with more than 50 full-time employees to provide health insurance to those who work more than 30 hours a week. An expansion in Medicaid would allow those working in tourism, hospitality and agriculture to receive benefits as well. These industries frequently have many low-paid employees. Currently workers must get insurance from their employers or a federal health care exchange. Employers must pay fines when an exchange is used. Expanding Medicaid would provide businesses with help from the government.
Florida receives federal funding to supply approximately one quarter of its $74 billion state budget this year. It ranks number four in the country as far as funding from Washington goes. According to the article, “Direct aid to the state doesn’t include the billions of dollars in retirement and disability payments made to Floridians, defense contractors, salaries paid to federal employees and the military.” And yet lawmakers turned down the federal offer to extend health care coverage. House Speaker Will Weatherford was opposed because “he didn’t like taking federal money that has to be borrowed and didn’t believe the government will provide the funds after the first few years.”
Unfortunately, the lack of adequate health care results in many seeking treatment at emergency rooms. Federal law requires hospitals to treat all patients, regardless of insurance coverage, and many of these services go unpaid. Hospitals, doctors, private insurers, and the state end up picking up the cost. While the Supreme Court upheld Obama’s health care legislation, states such as Florida were still able to reject Medicaid expansion.
Robert Oliver, Clearwater business owner, responds this rejection. “Medicaid plays an important role in health care coverage,” he says. “Florida residents rely on coverage to afford the care they need. Those who live in assisted living or nursing homes worry about how they will pay and not being able to qualify under current Medicaid regulations. Raising the income limit would allow more people to qualify.” Robert Oliver, Clearwater business owner, helps clients to preserve their assets while qualifying for assistance under Florida Medicaid regulations.
Robert Oliver Clearwater FL professional, is the owner of Medicaid Filing Services, LLC. The company focuses on crisis Medicaid planning for residents in long-term care facilities. It helps them to qualify for eligibility without spending or losing their assets. The company also provides free advanced directive forms to Florida residents.
Read the full story at http://www.prweb.com/releases/2013/6/prweb10852019.htm.
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