The U.S. government provides many different kinds of financial programs for people, which can confuse consumers looking for information about their insurance coverage. With many Americans not well-versed in finances, ensuring that your insurance site is compatible with government programs would benefit everyone by reducing confusion and lowering the number of people who cannot afford the services they need due to lack of information. This article lists four of the most common government programs and explains how your website needs to be compatible with these programs.
The Social Security Administration offers disability benefits through its Disability Insurance, also known as SSDI, funded through employee contributions and employer payroll taxes. This program offers supplemental income for those who cannot work due to a physical or mental impairment expected to last at least 12 months or end in death.
The FHA (Federal Housing Administration) insures lenders for loans made on homes purchased or refinanced by FHA-insured lenders on behalf of the program participant. FHA-insured home loans are generally for up to 115 percent of the median home value in the area.
Back office healthcare operation services help connect your insurance site to federal and local government programs, including Medicare, Medicaid, and CHIP (Children’s Health Insurance Program).
Medicaid has become the most popular of these programs and is available to people with low incomes and below-poverty levels. Medicaid can be used by anyone, regardless of health status. By making these programs accessible on your insurance site, you draw people to your company.
The TANF (Temporary Assistance for Needy Families) provides financial assistance to eligible families who are unemployed, have low income, or are otherwise in need of assistance. The program provides funds to states every month.
The funds that the states receive must be distributed according to TANF guidelines, such as through direct financial assistance (disbursements) and services such as job training and childcare assistance. The program’s funding comes from federal TANF funds and revenues from state sales taxes.
There are many government programs available to those who qualify. These programs can help families and individuals afford the basics of living, such as food and health care. Properly optimizing your insurance website for each program will help you connect with those who need your service.
Anita is a freelance writer from Denver, CO. She studied at Colorado State University, and now writes articles about about health, business, family and finance. A mother of two, she enjoys traveling with her family whenever she isn’t writing.