Tag: $400 emergency expense

COVID-19 disease cells

In the crucible of COVID, the Medicaid expansion that was part of the Affordable Care Act made a difference to older Americans, who were more vulnerable to becoming seriously ill or hospitalized from the virus. In the states that chose to expand the low- or no-cost Medicaid health insurance program to more of their low-incom…

United States IRS Check, Envelope and Money Resting on American Flag

First check improved assessment of ability to cover $400 expense, and later payments may be building balance sheets. Before the COVID-19 pandemic, despite a booming economy, about 40 percent of households said they would have trouble paying a $400 unexpected expense.  About half of these households really didn’t have $400, and the other half had…