Depending on the state you live in and your employer (among other possible factors), you may be able to receive benefits based on federal legislation making healthcare available for those who apply. Perhaps the most well-known among these government healthcare programs is Medicare, a subsidized health insurance plan for citizens over the age of 65 or those with certain disabilities.
Medicare eligibility is subject to a number of factors, and there are two distinct components that make up Medicare. Part A Medicare is intended for those who have paid Medicare taxes for at least 10 years, and Part B is generally available for seniors receiving Social Security benefits, are eligible for social security benefits but haven’t yet applied, or have a spouse who has been employed by the government while covered by Medicare.
Like Medicare, Medicaid is a government health care program. However, it is designed primarily to help people with low incomes. To qualify for Medicaid, you will have to meet income requirements in addition to other requirements set by the federal government and your state.
COBRA insurance, or The Consolidated Omnibus Budget Reduction Act, is another government healthcare initiative enabling employees of companies with at least 20 workers (though this number varies by state) the opportunity to continue paying for their group medical coverage for a specified period of time after their employment has ended — either by being fired, retiring or having hours reduced to the point they are no longer eligible for employer-based medical insurance.
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