For seniors, having access to affordable healthcare is something that cannot be ignored. In retirement, especially if your primary income is through social security, paying for health coverage can be a heavy burden. You can’t afford to go without health coverage but you also might not be able to afford the coverage itself. For some, the solution to this problem is Medicaid. In today’s blog post, our elder law attorney at Davidson Law Group will help you understand if you qualify for Medicaid.
What Is Medicaid?
The primary function of Medicaid is to provide health coverage to low-income Americans, including adults, children, and elderly adults among others. It is a program that is jointly funded by both the state and federal government, with the states adhering to federal guidelines. Now, this shouldn’t be confused with Medicare, which is a federal program that provides health coverage to adults 65 and older.
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What Is The Difference Between Medicare and Medicaid?
For seniors, it might be assumed that Medicare is the program you should use and not Medicaid. However, this isn’t always true because Medicare provides health coverage without income restrictions. To simplify this, Medicare is an insurance program and Medicaid is an assistance program. So if you are a low-income American who is 65 or older, you shouldn’t simply assume that Medicare is the best program because it most likely isn’t. This is why visiting your elder law attorney is so important for this process.
Do I Qualify For Medicaid?
This question is a little bit more complicated than that of Medicare for an elder law attorney to answer online. With Medicare, all Americans who are at least 65 are eligible for the program because it isn’t an assistance program. Not all people are qualified for Medicaid. The single biggest factor in eligibility is your financial position, but this is also complicated because this isn’t strictly a federal program. Each state has its own guidelines and qualifications, so for the best information on whether or not you qualify, you will need to visit your state’s Medicaid website.
While many income qualifications vary by state, the hard income limit for 2017 was set at $2,305 per month. Medical eligibility requirements are another factor, but those, again, vary from state to state.
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Let Our Elder Law Attorney Help With Your Medicaid Questions
Finding affordable health care as a senior is very important and our elder law attorney understands that. We want to help you find the best healthcare solutions for you and your family. For more information, contact our elder law attorneys in Fort Worth, Allen, or Tyler. You can also visit our website for more information.