Thought of the Day

August 17, 2015

The Affordable Care Act has made medical coverage and housing issues for those with special needs a little less complicated than they used to be because the Act requires all insurers to allow children to qualify for benefits under their parents’ plans until the child turns 26.  This significantly delays some of the headaches parents used to face when their children turned 18, but it does not remove the ultimate concern.  Rather, it pushes it out a few years and allows some additional time for proper planning.  If a parent’s private insurance is not going to provide the coverage their child needs and the child will not receive coverage through employment, then he or she must seek Medicare or Medicaid coverage.  The “easy” way to obtain access to these programs is to qualify for Supplemental Security Income (SSI) which automatically qualifies a beneficiary for Medicaid, or Social Security Disability Insurance (SSDI) which allows a beneficiary to receive Medicare two years later.  These are not the only ways to obtain government-funded health care.