The federal government has given Indiana the go-ahead on its plan to launch a state subsidized health insurance plan for low income adults that will be funded in part by an increase in the cigarette tax.
The deal will allow Indiana to provide health insurance coverage to about 130,000 uninsured Indiana residents.
The state will use about $140 million a year in cigarette tax money and matching federal dollars to fund the plan. The new program should be up and running by January.
The federal government will provide more than $1 billion over a five year period to help pay for the low income healthcare program.
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