The Healthy Indiana Plan, or "HIP," is the result of the Legislature's effort to extend health care coverage to nearly 132,000 uninsured Hoosier adults living at less than 200 percent of the federal poverty level. This correlates to a yearly income of $20,420 for a single person or $41,300 for a family of four.
Tincher said that the HIP insurance program is the primary component of the Indiana Checkup Plan, a comprehensive health care initiative that has been called one of the most innovative in the nation. In addition to HIP, the Checkup Plan also includes increased coverage for low-income children and tax incentives for small businesses.
Along with the financial eligibility requirements of HIP, Hoosiers must have been uninsured for at least six months and may not have access to employer provided health care. Those who qualify for HIP will receive $500 in preventive care and a $1,100 Health Savings Account that a plan participant must contribute to on a sliding scale based on their yearly income. All other costs, up to $300,000, will be assumed by health insurance providers.
"Thousands of working families across the state have struggled as a result of continuously increasing health care costs," Tincher said. "Through the passage of the Checkup Plan and HIP, we are one step closer to ensuring that Hoosiers no longer suffer financial hardship as a result of medical needs."
Tincher stressed that HIP is not an entitlement plan. The number of participants is limited to the funding allocated for the program, $190 million per year.
Applications for HIP are available on the program's Web site, www.hip.in.gov, and can also be found at organizations participating in the V-CAN network, Hoosier Healthwise Enrollment Centers and local Division of Family Resources offices. Coverage will begin on Jan. 1.
To learn more, e-mail firstname.lastname@example.org or call toll free, 1-877-GET-HIP9 (438-4479).