Posts Tagged ‘medicaid’

Medicaid Application Details

Some people avoid the Medicaid program because of one very important detail: the application. They worry about the information requested and the time it will take to apply. While there is a lot that goes into applying for Medicaid, you don’t want to miss out on this benefit because you are being lazy.

Once you learn more about Medicaid application details, you will find that the process is straight forward – even if a bit time consuming.

What Medicaid Can and Can’t Help You With

Medicaid is a program that helps people who could not afford healthcare, a way to access health insurance. Since this program is not tied to specifically to retirement or your age, people may qualify at age if they meet certain criteria.

If you qualify, there are many things that Medicaid can do for you. In short, it provides a broad level of medical coverage including: hospital expenses, doctor visits, home health care, nursing home care, and long-term facility care.

It is important to note that Medicare does not cover long-time care expenses.

On the downside, Medicaid does not cover prescription drugs. However, if you are eligible for Medicaid it may pay the premium for Medicare Part D – this is also known as the Medicare drug plan.

Many states offer additional services to Medicaid program participants. The following services are offered by many states:

  • Dental services, including surgery
  • Prosthetic devices
  • Optometrist services including contact lenses and eyeglasses
  • Ambulatory services

If you have questions regarding Medicaid, before applying or after you are enrolled, it is important to contact the appropriate party.

To get started, you should request a Medicaid application from your state. Depending on where you live, you may be able to print the application online.

As you complete your Medicaid application, be sure to include accurate information. Additionally, provide any documentation that is requested. This may include: birth certificate; proof of citizenship; recent paystubs; proof of other income; proof of where you live; and an insurance card if you currently have coverage.

Overall, Medicaid can help you with most medical expenses.

 

Who Qualifies for Medicaid?

Are you wondering who qualifies for Medicaid? Do you find yourself asking this question time and time again? If so, you may be interested for yourself or a loved one. Those who qualify for Medicaid should definitely take advantage.

What you’ll need to Qualify

Only those with very low income qualify for Medicaid medical coverage. The exact amount depends on the state in which you live. If your income is below the eligibility standard for the federal government’s Supplemental Security Income program, you are qualified to receive Medicaid.

The current income eligibility standard is roughly $700 per month. Some of your income may not be included, so those with $1,500 or less income per month should consider applying.

If married, the income of both spouses is considered when determining Medicaid eligibility. Additionally, if your bills are paid by others or you receive free housing, this can be considered income.

In some states, you can receive Medicaid medical coverage even if your income is higher than the state’s eligibility requirements. This holds true for those who have recurring medical expenses that are not covered by insurance or another type of program such as Medicare.

Your assets are also taken into consideration when applying for Medicaid. If single, you are allowed $2,000 in assets; $3,000 for couples. This includes savings and cash, as well as other assets. Some are exempt including: a house that the applicant currently resides in; automobile; household goods; wedding rings; and life insurance.

If you are ready to apply for Medicaid, you will need to contact your local department of social services. They will request information including: birth certificate; proof of citizenship; recent paystubs; proof of other income; proof of where you live; and an insurance card if you currently have coverage.

You should now have a better idea of who qualifies for Medicaid and whether or not you are part of this group.

 

Comparing Medicare vs Medicaid

As you compare Medicare vs Medicaid you will find that these two programs are not the same.

Most people have experience with Medicare. This holds true no matter if you use the program yourself or simply see this deduction on your paycheck. On the other hand, the Medicaid program is not nearly as well known.

Medicare is a government sponsored health care program for people age 65 and older. Additionally, those under the age of 65 with particular disabilities may qualify to receive this type of coverage.

Medicaid is also a government sponsored program. Unlike Medicare, this program is meant to assist low-income individuals and families with paying for health care – it is not based on age.

A List of Differences

When you compare Medicare vs Medicaid the differences will begin to stick out.

Eligibility Criteria

Medicare: available to all United States citizens over the age of 65, as long as they have paid into the Social Security fund.

Medicaid: criteria vary from one state to the next. To be eligible, the participant must earn less than the income restriction set forth by the state. For example, New York citizens must earn $700 or less to be eligible.

Coverage

Medicare: dived into three parts – Part A, Part B, and Part D. Part A is for hospital care, Part B is for doctor services and outpatient care, and Part D is for prescriptions.

Medicaid: this program is known to cover more than Medicare. Some of the many services it covers include: hospitalization, laboratory services, x-rays, clinical treatment, family planning, nursing services, and surgical dental care.

Payments

Medicare: often time requires a co-pay and/or deductible for services. Also, Medicare can refuse payment for any treatment that is seen as unnecessary.

Medicaid: payment requirements are based on the state that manages the program. In many areas, participants are required to pay a small co-pay, such as $30 per month.

Comparing Medicare vs Medicaid is simple when you know the differences between the two programs.

 

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