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 Obamacare vs. Medicaid: Are They the Same?

Obamacare vs. Medicaid: Are They the Same?

The quick answer is no, they are not the same. One is a law and one is more so run solely by the government. It is much more difficult to get Medicaid than it is to get Obamacare because each one has its own criteria. This may seem like a confusing concept, so we break everything down for you in the article below!

What is Obamacare?

Interestingly, Obamacare is just another name for the Affordable Care Act. This is a federal law that mandates every American citizen to have healthcare. It was originally put into action in 2010 by President Barack Obama who wanted to put a blanket of healthcare coverage over America.

The main goal of Obamacare is to provide affordable healthcare options for every American. Obamacare follows all of the policy changes that are also applicable to individual health insurances. Any plans considered to be employer-sponsored or other major medical plans are compliant with Obamacare.

Also, a major attracting factor of Obamacare is the fact that it also supports Medicaid expansion. This provides more coverage opportunities for those Americans who are not as wealthy or well-off as their counterparts.

You Can Get Obamacare

The main push for the acceptance of Obamacare originally occurred given the fact that every American citizen is able to buy a private health insurance plan. If you aren’t currently enrolled in any Medicare plans, you can enroll through the Affordable Care Act health insurance for your state.

Can You Get Medicaid?

Unlike Obamacare, Medicaid is not for everyone. There are certain criteria you have to meet in order to quality for Medicaid such as having limited income resources. If your current income is below 138% of the poverty level, then you’re eligible for Medicaid.

Fortunately, some states follow the original objectives of the ACA by allowing anyone that falls in this category to receive their Medicaid for free. Also, some states have the expanded Medicaid coverage which allows more people with incomes that fall below 138% of the federal poverty level to get Medicaid coverage.