There is definitely truth to this rumor, but no final announcement to end the Georgia PeachCare program has been made. There is hope that the federal government may intervene by assisting financially with the $130 million shortfall. Health Care, especially that for children, is such a hot political issue right now that leaving 260,000 children in Georgia without health insurance does not seem possible. If a solution is not found soon, Georgia PeachCare will begin notifying parents of closure to the program on the first of February. Part of the problem, believe it or not, is that Georgia's PeachCare program has been one of the most successful in the country. Funds for these programs are allocated by Congress proportionately to the states that have the greatest number of uninsured children. Due to the success of Georgia's program, the number of uninsured children has decreased dramatically, making them eligible for a smaller percentage of funds. This is definitely a flawed system because the Children's Health Insurance Programs with the most enrolled children are the ones in need of the greatest financial assistance. CHIP is funded by both state and federal ta dollars, 75% coming from the feds and 25% coming from the state. Georgia does not have the $131 million dollars needed to save PeachCare, so they are relying on Congress to address and solve this issue this month. It may be wise to plan for the worst and start looking at alternative options to provide health insurance for your children. If PeachCare is terminated, it may be restarted in October for the start of the net fiscal year, but it will probably be more epensive and offer fewer benefits. Georgia Blue Cross Blue Shield offers health plans for children, but they will not be as comprehensive as the coverage they have under PeachCare, and they will definitely be more epensive. You can get view online quotes on their website here: BCBS of Georgia. Unfortunately, and as unfair as it sounds, your hands are tied until PeachCare makes announcement on closing the plan. If at all possible, it may definitely be in your best interest to consider other options. Keep in mind that if you do find other insurance, you won't be able to easily get back onto PeachCare if it survives or becomes available again in October. PeachCare is only available to children that have been without health insurance for at least 6 months. This requirement may change, but we wouldn't suggest betting on that.
Answered: Apr 27, 2010