Under the new bill, HB 121, a Florida family of four making $90,000 or less will be eligible for affordable health insurance for their children. This increase to the Kidcare income eligibility thresholds is a boost for families climbing the economic ladder, who previously faced a fiscal cliff and the dilemma of choosing between a pay raise or healthcare for their children. The Florida Healthy Kids Program, known as Kidcare, allows the purchase of subsidized, and therefore, affordable health insurance for children. Health costs are an impediment to financial prosperity. By softening this fiscal cliff, this expansion could prove to be a significant catalyst towards improving prosperity for many in the state of Florida.
For more information regarding HB 121, please click here https://www.flsenate.gov/Session/Bill/2023/121.
For more information regarding the recommendations that informed this legislation and The Florida Chamber Foundation’s strategic plan to eliminate poverty, please visit the following links: Less Poverty, More Prosperity: The Florida Fiscal Cliffs Report and Florida 2030 Blueprint.