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Nearly 2 million Medi-Cal enrollees can now accumulate savings and property without limitations and still qualify for the state's health insurance program for low-income residents.
The income threshold for Form 1099-K was lowered to $600 as part of the American Rescue Plan Act (ARPA) of 2021. Prior to ARPA’s passage, only total payments of $20,000 or more, and more than ...
That means that even if someone is just barely over the income limit for Medi-Cal, which is now $20,783 annually for a single adult, getting coverage requires them to spend so much on medical care ...
Medi-Cal was created in 1965 by the California Medical Assistance Program a few months after the national legislation was passed. [2] Approximately 15.28 million people were enrolled in Medi-Cal as of September 2022, [3] or about 40% of California's population; in most counties, more than half of eligible residents were enrolled as of 2020. [4]
AIM was first introduced in 1992, and provided for 3,000-4,000 women annually initially. It is difficult to assess the impact of AIM as it was introduced alongside many other maternal healthcare improvement policies including increasing the eligibility limit for Medi-Cal from 110% to 200% of the federal poverty line, and extending Medi-Cal to undocumented foreign-born women.
Although originally planned, the IRS announced that it's delaying a new tax reporting law for third-party payment services like Zelle, Cash App, PayPal and Venmo to report earnings over $600 to the...
New year, new tax rules. For small business owners or independent contractors, this change, introduced via the American Rescue Plan, might make a big difference in your accounting. See: 4 Ways to ...
The PayPal-owned service now permits transferring money immediately to linked bank accounts. It still incurs the same 1 percent fee with a minimum 25-cent transfer cost and a maximum $10 outlay.