Understanding Health Insurance Coverage Gaps
After the Affordable Care Act first rolled out in 2012, Americans were put on edge about the concept of being forced to obtain and maintain health insurance. The idea of facing tax penalties was outrageous, but was designed to ensure everyone strives to purchase coverage for themselves and their families. Under Obamacare, there are also options for health insurance for American students studying abroad. While the idea is genuine, it doesn't account for much for those who are struggling to make ends meet, but aren't qualified for Medicaid or Medicare. This is known as the coverage gap.
What is the Coverage Gap?
This accounts for the adult population that is currently living in poverty, but don't qualify for Medicaid because their state didn't expand it. Then tie in the fact that the incom...