Congress let funding for the Children’s Health Insurance Program (CHIP) expire over the weekend. The program that provides health insurance for nearly 100,000 Hoosier children has reserves to continue normal operations for now.
Jointly funded by the federal government and the states, CHIP has covered Hoosier children for 20 years.
The Affordable Care Act increased funding and brought the state’s expenses down. Covering Kids and Families public policy director Mark Fairchild says Indiana has rollover money that will help cover as federal funding goes away.