By skyforbes Currently living in NY.
I'm 28 years old and have been living with my parents. I have been receiving health insurance from COBRA through my mother's job. Recently I submitted an application for Medicaid through the nystateofhealth website. I still have to submit verification documents though, by the 25th.
So basically I'm unsure of how to proceed with all of this. While I do qualify for Medicaid bc I am unemployed (have been a few years now), my parents also are unsure if they want me on Medicaid since they hear about the more limited options for Medicaid. And they would be willing to assist me with paying for a Marketplace plan.
I am confused by some of the different options even after talking with someone on the phone from nystateofhealth. They said that the Medicaid management care plan is the same as the plans from the Marketplace, but I'm unsure if they are since research online implies they aren't the same. So don't know what the person meant now by saying after I submit a termination letter from Cobra, I can start a Medicaid management care plan + Medicaid.
Originally, the idea I had was that I was going to stop paying for Cobra and just pick up a plan from the Marketplace instead since the monthly premium for Cobra is quite a bit (like 1300 which is crazy). But when I filled out my account on the nystateofhealth website, I didn't realize it would send an application for Medicaid immediately (I know that was my bad, I'm pretty overwhelmed by all of this).
Based on the conversation I had on the phone with nystateofhealth, I qualify for Medicaid and can't get a plan from the Marketplace. If I do get a Marketplace plan I would have to pay full out of pocket, but I think that was what I was going to do before? But now I'm unsure if I can even get a Marketplace plan bc I qualify for Medicaid?
I'm so confused on what information is accurate. I'll probably call them again tomorrow, but after over an hour on the phone today, I just need some other people's perspective. (didn't help the person put me on hold every time I asked a question).
TLDR: Want to go off Cobra. Qualify for Medicaid, but parents and I are unsure if I should go on it due to more limited options in network compared to other options. Finances aren't that bad so I could afford marketplace plans out of pocket if needed, but getting financial help would be helpful. Originally just wanted a marketplace plan like Healthfirst or something (saw some plans which are 700-800 which aren't as bad), but now unsure if I can even get one due to Medicaid qualification. Can people help clarify terms like management care plan vs marketplace insurance vs medicaid?