Indiana plans to seek federal approval to begin offering low- and moderate-income people using the Healthy Indiana Plan up to $1,000 over 12 months as they switch to employer insurance or other health care coverage.
The HIP Workforce Bridge program would allow people to continue to spend the funds from their HIP health savings accounts as they transition. The Healthy Indiana Plan is funded through former President Barack Obama’s signature health care law.
Participants would use the program funds to pay for premiums, deductibles, co-payments and co-insurance for one year, regardless of whether they get insurance through a company or via the insurance exchange.
The Family and Social Services Administration is holding two community hearings on the proposal this month. If approved, the program launches in 2020.