Starting January 2014, Florida will begin using the concept of Modified Adjusted Gross Income (MAGI) when determining eligibility for its Medicaid and CHIP programs.
More than just a number, MAGI is a new method for counting and calculating income under the Affordable Care Act.
Specifically, MAGI will provide a basis for aligning, simplifying and streamlining eligibility across Medicaid, CHIP, and the Premium Tax Credits and Cost-Sharing Reductions available through the new Health Insurance Marketplace.
The "translation" between the current system and MAGI is not completely straightforward, however. In fact, as a result of the differences between the two systems, some Floridians who are Medicaid-eligible under current rules will become ineligible in 2014, even if nothing about their situation changes. On the other hand, some who are ineligible under current rules will be able to qualify once MAGI is implemented.
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