How much Medicaid coverage was provided for individuals in 2014?

In 2014, the Affordable Care Act significantly expanded Medicaid coverage, allowing more individuals to qualify for benefits, particularly in states that opted to expand their programs. The figure of $15,415 represents the approximate average cost of Medicaid coverage per individual that year. This cost accounts for various expenses, including hospital visits, preventive services, prescription medications, and long-term care services.

The expansion of Medicaid aimed to reduce the number of uninsured individuals, particularly among low-income populations. It is important to note that the specific costs can vary by state due to different Medicaid programs and provider reimbursement rates, but the provided figure aligns with reported data on Medicaid expenditure per enrollee during that period. Understanding this average cost is essential when discussing the financial aspects of healthcare reform and its impact on accessibility to services for those in need.