Medicaid
Medicaid Eligibility
Medicaid eligibility can be confusing and often requires lengthy, detailed planning to achieve. we are elder care advocates for your loved one and we can assist you in understanding Medicaid benefits and making decisions with confidence. If you or your loved one need care and are not sure which direction to go, do not hesitate to contact us. You don’t have to go it alone, we are here to help.
Medicaid Requirements
Medicaid eligibility can be confusing and often requires lengthy, detailed planning to achieve. we are elder care advocates for your loved one and we can assist you in understanding Medicaid benefits and making decisions with confidence. If you or your loved one need care and are not sure which direction to go, do not hesitate to contact us. You don’t have to go it alone, we are here to help.
Medicaid Coverage
Medicaid covers custodial care through community home care and skilled nursing homes.
Medicaid Benefits
Medicaid covers custodial care through community home care and skilled nursing homes.
What do I need to apply for Medicaid?
When you apply for Medicaid, federal and state agencies are going to look over your income and assets to determine eligibility. You’ll need to gather proof of income, asset statements, and statements on other benefits like SSI. Each situation is different. Your advisor will work with you to help you determine what is best for you.
What is the Medicaid Income Eligibility?
The income limits vary from state to state and annually. If your income is greater than this, you can use a variety of customized strategies to still qualify for Medicaid.
What is a Medicaid Trust?
A Pooled Income Trust is a common solution for Medicaid applicants. It allows the beneficiaries to put their excess income in the trust so they can qualify for Medicaid. The money in the trust can then be used to pay recurring bills for the beneficiary such as utilities, credit card charges, phone bills, and more.
What are Medicaid Benefits?
Medicaid was designed to cover the costs of long-term care, at-home care, doctor’s visits, and hospital visits. Unlike Medicare, it does not cover the costs of health insurance and prescriptions.
Do Medicaid patients receive the same treatment as private pay?
Yes. It’s a common misconception that Medicaid patients are treated differently than private pay patients. There are many state and federal laws in place to ensure people receive identical care. 75% of long-term care patients are paid for by Medicaid, with only 25% being private pay. In fact, it is by law that the only people in the facility who know how your treatments are covered is the administrative office. Nowhere on any patients’ chart does it say how they are paying, so everyone is treated in the same way.
What is Medicaid Pending Home Care?
Under certain circumstances, your loved one can receive home care treatments at no cost before they are approved for Medicaid. Talk with your Medicaid planner to see if this is the right option for you.
