SlideShare a Scribd company logo
1 of 9
Download to read offline
  Medicaid vs  medicare slide share 042414
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicaid versus Medicare
MEDICAID vs. MEDICARE
Medicare
• Entitlement
• Regardless of Income,
Resources
• Premiums and co-payments
• Age 65, receiving disability
benefits 2+ years
• No Long Term Care benefit
Medicaid
• Needs Based
• Based on Income; Resources
• No premiums, subsidized or
no co-payments
• Age 65+, blind or disabled
• Has Long Term Care benefit
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicare: Eligibility
MEDICAID vs. MEDICARE
• Must pay in Social Security system for 10 years
• Available to individuals who meet these criteria:
• Over 65;
• Received SSDI benefits for 2 years;
• Received Disabled Adult Child benefits for 2 years; or
• Have end-stage renal disease or ALS (Lou Gehrig’s
Disease)
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicare: Classes of Coverage
Broadly Defined
MEDICAID vs. MEDICARE
• Part A – Hospitalization
• Part B – Doctor Visits and Outpatient Care
• Part C – Medicare Advantage Plans
• Part D – Prescription Drug Coverage
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicare: Function
MEDICAID vs. MEDICARE
• Designed to pay for “spell” of injury or illness
• Pays 80% of allowable medical charge while patient
pays 20%
• Limited preventative care
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicaid: Eligibility
MEDICAID vs. MEDICARE
• Must be Aged, Blind or Disabled to qualify
• SSI recipients automatically qualify in Georgia and most states
• Must meet Income and Resource limits
• Most income will count toward limits
• Many resources are exempt from limits, including a house, a car,
and personal items
• Limits vary depending on type of Medicaid sought
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicaid: Common Classes of Assistance
MEDICAID vs. MEDICARE
• Georgia’s Medicaid Manual defines 36 Medicaid Classes of
Assistance
• Common Medicaid sought for seniors:
• Nursing Home Medicaid
• Qualified Medicare Beneficiary Medicaid
• Low Income Subsidy Medicaid
• Medically Needy Medicaid
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Medicaid: Function
MEDICAID vs. MEDICARE
• To provide a medical and long term care safety net to our
elderly and disabled.
• Medicaid waiver programs increasingly provide support services
allow elderly and disabled to remain in the community instead
of moving to a nursing home for long-term care.
Wills & Estate Planning  Probate & Administration
Tax Planning  Business Succession  Elder Law
Help Is Available
MEDICAID vs. MEDICARE
Finding the right mix of Medicare, private coverage, and Medicaid can
be confusing and complicated. To qualify for Medicaid benefits, legal
representation is increasingly necessary.
Our Elder Law specialists have significant experience helping elderly
and disabled individuals and their families ensure the best outcome
for all concerned. Please call us if we can be of assistance.

More Related Content

What's hot

Nevada Health Link Non-Profit Partner Presentation
Nevada Health Link Non-Profit Partner PresentationNevada Health Link Non-Profit Partner Presentation
Nevada Health Link Non-Profit Partner PresentationKPS3 Marketing
 
Medicare 101 2008
Medicare 101 2008Medicare 101 2008
Medicare 101 2008naylor007
 
What is medical cost sharing
What is medical cost sharingWhat is medical cost sharing
What is medical cost sharingC. Rod Maxson
 
Social Security Disability Insurance
Social Security Disability InsuranceSocial Security Disability Insurance
Social Security Disability Insurancessdapplication14
 
Affordable Care Act - The future is now.
Affordable Care Act - The future is now. Affordable Care Act - The future is now.
Affordable Care Act - The future is now. adityaullal1
 
Understanding the Health Care Law, by Dr. James Rohack
Understanding the Health Care Law, by Dr. James RohackUnderstanding the Health Care Law, by Dr. James Rohack
Understanding the Health Care Law, by Dr. James RohackWayne Caswell
 
What is medical cost sharing?
What is medical cost sharing?What is medical cost sharing?
What is medical cost sharing?C. Rod Maxson
 
What is medical cost sharing
What is medical cost sharingWhat is medical cost sharing
What is medical cost sharingC. Rod Maxson
 
Shriver Center Children's Mental Health Policy Discussion
Shriver Center Children's Mental Health Policy DiscussionShriver Center Children's Mental Health Policy Discussion
Shriver Center Children's Mental Health Policy DiscussionJennifer Amdur Spitz
 
Medicare kansas
Medicare kansasMedicare kansas
Medicare kansasBipul Kar
 
DataBrief No13: Sources of Long-Term Care Spending
DataBrief No13: Sources of Long-Term Care SpendingDataBrief No13: Sources of Long-Term Care Spending
DataBrief No13: Sources of Long-Term Care SpendingThe Scan Foundation
 
Older Americans Month: Health Care Considerations
Older Americans Month: Health Care ConsiderationsOlder Americans Month: Health Care Considerations
Older Americans Month: Health Care ConsiderationsDavid Lerner Associates
 
A Guide To Medicare Eligibility And Open Enrollment
A Guide To Medicare Eligibility And Open EnrollmentA Guide To Medicare Eligibility And Open Enrollment
A Guide To Medicare Eligibility And Open EnrollmentAllsup
 
Medicare 101 - 2021 Update from Erin Hart
Medicare 101 - 2021 Update from Erin HartMedicare 101 - 2021 Update from Erin Hart
Medicare 101 - 2021 Update from Erin HartMary Hagan
 
Long terminsurance planningforyourfuture
Long terminsurance planningforyourfutureLong terminsurance planningforyourfuture
Long terminsurance planningforyourfutureSeniorHomes.com
 
Connecticut Care Planning Council
Connecticut Care Planning CouncilConnecticut Care Planning Council
Connecticut Care Planning Councilfisherd
 

What's hot (20)

Long Term Care
Long Term CareLong Term Care
Long Term Care
 
Nevada Health Link Non-Profit Partner Presentation
Nevada Health Link Non-Profit Partner PresentationNevada Health Link Non-Profit Partner Presentation
Nevada Health Link Non-Profit Partner Presentation
 
Medicare 101 2008
Medicare 101 2008Medicare 101 2008
Medicare 101 2008
 
What is medical cost sharing
What is medical cost sharingWhat is medical cost sharing
What is medical cost sharing
 
A Road Map for Aging Well
A Road Map for Aging WellA Road Map for Aging Well
A Road Map for Aging Well
 
Social Security Disability Insurance
Social Security Disability InsuranceSocial Security Disability Insurance
Social Security Disability Insurance
 
Ch.14ppt
Ch.14pptCh.14ppt
Ch.14ppt
 
Affordable Care Act - The future is now.
Affordable Care Act - The future is now. Affordable Care Act - The future is now.
Affordable Care Act - The future is now.
 
Understanding the Health Care Law, by Dr. James Rohack
Understanding the Health Care Law, by Dr. James RohackUnderstanding the Health Care Law, by Dr. James Rohack
Understanding the Health Care Law, by Dr. James Rohack
 
What is medical cost sharing?
What is medical cost sharing?What is medical cost sharing?
What is medical cost sharing?
 
What is medical cost sharing
What is medical cost sharingWhat is medical cost sharing
What is medical cost sharing
 
Shriver Center Children's Mental Health Policy Discussion
Shriver Center Children's Mental Health Policy DiscussionShriver Center Children's Mental Health Policy Discussion
Shriver Center Children's Mental Health Policy Discussion
 
Medicare kansas
Medicare kansasMedicare kansas
Medicare kansas
 
DataBrief No13: Sources of Long-Term Care Spending
DataBrief No13: Sources of Long-Term Care SpendingDataBrief No13: Sources of Long-Term Care Spending
DataBrief No13: Sources of Long-Term Care Spending
 
Reg Convocation ALNWFL
Reg Convocation ALNWFLReg Convocation ALNWFL
Reg Convocation ALNWFL
 
Older Americans Month: Health Care Considerations
Older Americans Month: Health Care ConsiderationsOlder Americans Month: Health Care Considerations
Older Americans Month: Health Care Considerations
 
A Guide To Medicare Eligibility And Open Enrollment
A Guide To Medicare Eligibility And Open EnrollmentA Guide To Medicare Eligibility And Open Enrollment
A Guide To Medicare Eligibility And Open Enrollment
 
Medicare 101 - 2021 Update from Erin Hart
Medicare 101 - 2021 Update from Erin HartMedicare 101 - 2021 Update from Erin Hart
Medicare 101 - 2021 Update from Erin Hart
 
Long terminsurance planningforyourfuture
Long terminsurance planningforyourfutureLong terminsurance planningforyourfuture
Long terminsurance planningforyourfuture
 
Connecticut Care Planning Council
Connecticut Care Planning CouncilConnecticut Care Planning Council
Connecticut Care Planning Council
 

Viewers also liked

Sage ACT! 2012 MI Roadshow - Welcome & Break Slides
Sage ACT! 2012 MI Roadshow - Welcome & Break SlidesSage ACT! 2012 MI Roadshow - Welcome & Break Slides
Sage ACT! 2012 MI Roadshow - Welcome & Break SlidesAspenTechConsulting
 
인정사정볼것없다
인정사정볼것없다인정사정볼것없다
인정사정볼것없다parkkyung
 
2012 - 02 trait theory eysenck big 5
2012 - 02 trait theory eysenck big 52012 - 02 trait theory eysenck big 5
2012 - 02 trait theory eysenck big 5Dickson College
 
Antiarrhythmic drugs
Antiarrhythmic drugsAntiarrhythmic drugs
Antiarrhythmic drugsNajaf-Farooq
 
Making the most out of college
Making the most out of collegeMaking the most out of college
Making the most out of collegecolledgeedge
 
It's about time - academic support
It's about time - academic supportIt's about time - academic support
It's about time - academic supportcolledgeedge
 
Smart Auto-publishing News System based on Wordpress (2)
Smart Auto-publishing News System based on Wordpress (2)Smart Auto-publishing News System based on Wordpress (2)
Smart Auto-publishing News System based on Wordpress (2)Chris Kounavis
 
Spa uyum1
Spa uyum1Spa uyum1
Spa uyum1SPAUYUM
 
Fabian Carter pd 8
Fabian Carter pd 8Fabian Carter pd 8
Fabian Carter pd 8fcarter0718
 
Spa uyum1
Spa uyum1Spa uyum1
Spa uyum1SPAUYUM
 
Nike unveils new Jets uniforms/gear.
Nike unveils new Jets uniforms/gear.Nike unveils new Jets uniforms/gear.
Nike unveils new Jets uniforms/gear.jetsflightdeck
 
SANS - Final Presentation
SANS - Final PresentationSANS - Final Presentation
SANS - Final PresentationChris Kounavis
 
2 the-conceptual-framework
2 the-conceptual-framework2 the-conceptual-framework
2 the-conceptual-frameworkMelani Edc
 
Advanced Process Monitoring IMF
Advanced Process Monitoring IMFAdvanced Process Monitoring IMF
Advanced Process Monitoring IMFAlkis Vazacopoulos
 

Viewers also liked (19)

Sage ACT! 2012 MI Roadshow - Welcome & Break Slides
Sage ACT! 2012 MI Roadshow - Welcome & Break SlidesSage ACT! 2012 MI Roadshow - Welcome & Break Slides
Sage ACT! 2012 MI Roadshow - Welcome & Break Slides
 
인정사정볼것없다
인정사정볼것없다인정사정볼것없다
인정사정볼것없다
 
2012 - 02 trait theory eysenck big 5
2012 - 02 trait theory eysenck big 52012 - 02 trait theory eysenck big 5
2012 - 02 trait theory eysenck big 5
 
Antiarrhythmic drugs
Antiarrhythmic drugsAntiarrhythmic drugs
Antiarrhythmic drugs
 
Medicaid vs Medicare
Medicaid vs  MedicareMedicaid vs  Medicare
Medicaid vs Medicare
 
SSA vs. SSI - Your Benefits
 SSA vs. SSI - Your Benefits SSA vs. SSI - Your Benefits
SSA vs. SSI - Your Benefits
 
2012 Tax Act Update
2012 Tax Act Update2012 Tax Act Update
2012 Tax Act Update
 
Making the most out of college
Making the most out of collegeMaking the most out of college
Making the most out of college
 
It's about time - academic support
It's about time - academic supportIt's about time - academic support
It's about time - academic support
 
Smart Auto-publishing News System based on Wordpress (2)
Smart Auto-publishing News System based on Wordpress (2)Smart Auto-publishing News System based on Wordpress (2)
Smart Auto-publishing News System based on Wordpress (2)
 
F cpd8 (3)
F cpd8 (3)F cpd8 (3)
F cpd8 (3)
 
Spa uyum1
Spa uyum1Spa uyum1
Spa uyum1
 
Fabian Carter pd 8
Fabian Carter pd 8Fabian Carter pd 8
Fabian Carter pd 8
 
Spa uyum1
Spa uyum1Spa uyum1
Spa uyum1
 
Nike unveils new Jets uniforms/gear.
Nike unveils new Jets uniforms/gear.Nike unveils new Jets uniforms/gear.
Nike unveils new Jets uniforms/gear.
 
Financial aid
Financial aidFinancial aid
Financial aid
 
SANS - Final Presentation
SANS - Final PresentationSANS - Final Presentation
SANS - Final Presentation
 
2 the-conceptual-framework
2 the-conceptual-framework2 the-conceptual-framework
2 the-conceptual-framework
 
Advanced Process Monitoring IMF
Advanced Process Monitoring IMFAdvanced Process Monitoring IMF
Advanced Process Monitoring IMF
 

Similar to Medicaid vs medicare slide share 042414

Navigating Benefits and Services
Navigating Benefits and ServicesNavigating Benefits and Services
Navigating Benefits and ServicesDavid Sherman
 
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...Rea & Associates
 
Some notes about the affordable care act
Some notes about the affordable care actSome notes about the affordable care act
Some notes about the affordable care actphochicago
 
Experimental copy hillarys section of the powerpoint
Experimental copy hillarys section of the powerpointExperimental copy hillarys section of the powerpoint
Experimental copy hillarys section of the powerpointHillary Hamblen
 
GA Voices for Medicaid - Clarke County
GA Voices for Medicaid - Clarke CountyGA Voices for Medicaid - Clarke County
GA Voices for Medicaid - Clarke CountyAlyssa Green, MPA
 
Medicaid Presentation (Jason Neufeld Presenting to Broward Bar Association)
Medicaid Presentation  (Jason Neufeld Presenting to Broward Bar Association)Medicaid Presentation  (Jason Neufeld Presenting to Broward Bar Association)
Medicaid Presentation (Jason Neufeld Presenting to Broward Bar Association)Jason Neufeld
 
Secrets to selling medicare year round
Secrets to selling medicare year roundSecrets to selling medicare year round
Secrets to selling medicare year roundramooney
 
Understanding aca ambassadors
Understanding aca ambassadorsUnderstanding aca ambassadors
Understanding aca ambassadorsasmoucha2
 
Georgia Voices for Medicaid Presentation - Dougherty County
Georgia Voices for Medicaid Presentation - Dougherty County  Georgia Voices for Medicaid Presentation - Dougherty County
Georgia Voices for Medicaid Presentation - Dougherty County Alyssa Green, MPA
 
Georgia Voices for Medicaid - Doughtery County
Georgia Voices for Medicaid - Doughtery CountyGeorgia Voices for Medicaid - Doughtery County
Georgia Voices for Medicaid - Doughtery CountyAlyssa Green, MPA
 
20130621 urban institute
20130621 urban institute20130621 urban institute
20130621 urban institutehdadvocates
 
Presentation 224 b margie ware insurance and benefits counseling as a core se...
Presentation 224 b margie ware insurance and benefits counseling as a core se...Presentation 224 b margie ware insurance and benefits counseling as a core se...
Presentation 224 b margie ware insurance and benefits counseling as a core se...The ALS Association
 
Role of an Elder Law Attorney
Role of an Elder Law AttorneyRole of an Elder Law Attorney
Role of an Elder Law AttorneyJason McCutchin
 
Medicaid & Elder Law Attorney
Medicaid & Elder Law AttorneyMedicaid & Elder Law Attorney
Medicaid & Elder Law Attorneyhsbelderlaw
 
03/30/16 Elder Law Training for OLLI at Auburn
03/30/16 Elder Law Training for OLLI at Auburn03/30/16 Elder Law Training for OLLI at Auburn
03/30/16 Elder Law Training for OLLI at AuburnJanice [Jan] Neal
 

Similar to Medicaid vs medicare slide share 042414 (20)

Navigating Benefits and Services
Navigating Benefits and ServicesNavigating Benefits and Services
Navigating Benefits and Services
 
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...
[ON-DEMAND WEBINAR] Social Security v. Medicare: Addressing Your Most Asked Q...
 
Some notes about the affordable care act
Some notes about the affordable care actSome notes about the affordable care act
Some notes about the affordable care act
 
Experimental copy hillarys section of the powerpoint
Experimental copy hillarys section of the powerpointExperimental copy hillarys section of the powerpoint
Experimental copy hillarys section of the powerpoint
 
GA Voices for Medicaid - Clarke County
GA Voices for Medicaid - Clarke CountyGA Voices for Medicaid - Clarke County
GA Voices for Medicaid - Clarke County
 
Medicaid Presentation (Jason Neufeld Presenting to Broward Bar Association)
Medicaid Presentation  (Jason Neufeld Presenting to Broward Bar Association)Medicaid Presentation  (Jason Neufeld Presenting to Broward Bar Association)
Medicaid Presentation (Jason Neufeld Presenting to Broward Bar Association)
 
Medicaid in Idaho
Medicaid in IdahoMedicaid in Idaho
Medicaid in Idaho
 
Secrets to selling medicare year round
Secrets to selling medicare year roundSecrets to selling medicare year round
Secrets to selling medicare year round
 
Understanding aca ambassadors
Understanding aca ambassadorsUnderstanding aca ambassadors
Understanding aca ambassadors
 
Health Care Reform: What’s in it for Homeless Families and Youth?
Health Care Reform: What’s in it for Homeless Families and Youth?Health Care Reform: What’s in it for Homeless Families and Youth?
Health Care Reform: What’s in it for Homeless Families and Youth?
 
Georgia Voices for Medicaid Presentation - Dougherty County
Georgia Voices for Medicaid Presentation - Dougherty County  Georgia Voices for Medicaid Presentation - Dougherty County
Georgia Voices for Medicaid Presentation - Dougherty County
 
Gvm presentation
Gvm presentationGvm presentation
Gvm presentation
 
Georgia Voices for Medicaid - Doughtery County
Georgia Voices for Medicaid - Doughtery CountyGeorgia Voices for Medicaid - Doughtery County
Georgia Voices for Medicaid - Doughtery County
 
20130621 urban institute
20130621 urban institute20130621 urban institute
20130621 urban institute
 
Medicaid 101 texas
Medicaid 101 texasMedicaid 101 texas
Medicaid 101 texas
 
Medicaid 101 texas
Medicaid 101 texasMedicaid 101 texas
Medicaid 101 texas
 
Presentation 224 b margie ware insurance and benefits counseling as a core se...
Presentation 224 b margie ware insurance and benefits counseling as a core se...Presentation 224 b margie ware insurance and benefits counseling as a core se...
Presentation 224 b margie ware insurance and benefits counseling as a core se...
 
Role of an Elder Law Attorney
Role of an Elder Law AttorneyRole of an Elder Law Attorney
Role of an Elder Law Attorney
 
Medicaid & Elder Law Attorney
Medicaid & Elder Law AttorneyMedicaid & Elder Law Attorney
Medicaid & Elder Law Attorney
 
03/30/16 Elder Law Training for OLLI at Auburn
03/30/16 Elder Law Training for OLLI at Auburn03/30/16 Elder Law Training for OLLI at Auburn
03/30/16 Elder Law Training for OLLI at Auburn
 

Medicaid vs medicare slide share 042414

  • 2. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicaid versus Medicare MEDICAID vs. MEDICARE Medicare • Entitlement • Regardless of Income, Resources • Premiums and co-payments • Age 65, receiving disability benefits 2+ years • No Long Term Care benefit Medicaid • Needs Based • Based on Income; Resources • No premiums, subsidized or no co-payments • Age 65+, blind or disabled • Has Long Term Care benefit
  • 3. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicare: Eligibility MEDICAID vs. MEDICARE • Must pay in Social Security system for 10 years • Available to individuals who meet these criteria: • Over 65; • Received SSDI benefits for 2 years; • Received Disabled Adult Child benefits for 2 years; or • Have end-stage renal disease or ALS (Lou Gehrig’s Disease)
  • 4. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicare: Classes of Coverage Broadly Defined MEDICAID vs. MEDICARE • Part A – Hospitalization • Part B – Doctor Visits and Outpatient Care • Part C – Medicare Advantage Plans • Part D – Prescription Drug Coverage
  • 5. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicare: Function MEDICAID vs. MEDICARE • Designed to pay for “spell” of injury or illness • Pays 80% of allowable medical charge while patient pays 20% • Limited preventative care
  • 6. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicaid: Eligibility MEDICAID vs. MEDICARE • Must be Aged, Blind or Disabled to qualify • SSI recipients automatically qualify in Georgia and most states • Must meet Income and Resource limits • Most income will count toward limits • Many resources are exempt from limits, including a house, a car, and personal items • Limits vary depending on type of Medicaid sought
  • 7. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicaid: Common Classes of Assistance MEDICAID vs. MEDICARE • Georgia’s Medicaid Manual defines 36 Medicaid Classes of Assistance • Common Medicaid sought for seniors: • Nursing Home Medicaid • Qualified Medicare Beneficiary Medicaid • Low Income Subsidy Medicaid • Medically Needy Medicaid
  • 8. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Medicaid: Function MEDICAID vs. MEDICARE • To provide a medical and long term care safety net to our elderly and disabled. • Medicaid waiver programs increasingly provide support services allow elderly and disabled to remain in the community instead of moving to a nursing home for long-term care.
  • 9. Wills & Estate Planning  Probate & Administration Tax Planning  Business Succession  Elder Law Help Is Available MEDICAID vs. MEDICARE Finding the right mix of Medicare, private coverage, and Medicaid can be confusing and complicated. To qualify for Medicaid benefits, legal representation is increasingly necessary. Our Elder Law specialists have significant experience helping elderly and disabled individuals and their families ensure the best outcome for all concerned. Please call us if we can be of assistance.

Editor's Notes

  1. Medicaid is a means test – income and resources (do you have money in savings?)4 different types of medicaid:Nursing home – senior pays almost all of their income to nursing home and medicaid pays the rest.Qualified Individual Medicaid (Q-track) pay for medicare premiums. People with traditional medicare actually do pay monthly premiums just like you pay for ins except these amounts are deducte from your SS check. in this situation, your premium is covered and perhaps even your co payment. if you qualty for Q-track, you probably also qualify for low income sub. This pays for your prescription drug premium and you also get reduced or possibly no copay on presription drug.If your expenses after medicare are so small that you only net a few hundred dollars a month, you may qualify for medically needy medicaid – because you can’t pay meidcal and food – so medicaid picks up remainder of expenses.We’re also seeing a lot of seniors who qualify for payment thorugh the VA. Generally if you have service-related injuries, you can qualify for services through the VA. Services vary from state to state. there are reasons to go to VA, you can get prescription drugs and medical applicances (which medicaid won’t pay for). If you were in vietnam and in a combat zone and experienced some hearing loss as a result of loss incurred during your service. there are also a variety of medical condisiotns, like if you can demonstrate that you were exposed to a situation that led to the development of diabaetes, you can get coverage for that.
  2. Medicaid is a means test – income and resources (do you have money in savings?)4 differnet types of medicaid:Nursing home – senior pays almost all of their income to nursing home and medicaid pays the rest.Qualified Individual Medicaid (Q-track) pay for medicare premiums. People with traditional medicare actually do pay monthly premiums just like you pay for ins except these amounts are deducte from your SS check. in this situation, your premium is covered and perhaps even your co payment. if you qualty for Q-track, you probably also qualify for low income sub. This pays for your prescription drug premium and you also get reduced or possibly no copay on presription drug.If your expenses after medicare are so small that you only net a few hundred dollars a month, you may qualify for medically needy medicaid – because you can’t pay meidcal and food – so medicaid picks up remainder of expenses.We’re also seeing a lot of seniors who qualify for payment thorugh the VA. Generally if you have service-related injuries, you can qualify for services through the VA. Services vary from state to state. there are reasons to go to VA, you can get prescription drugs and medical applicances (which medicaid won’t pay for). If you were in vietnam and in a combat zone and experienced some hearing loss as a result of loss incurred during your service. there are also a variety of medical condisiotns, like if you can demonstrate that you were exposed to a situation that led to the development of diabaetes, you can get coverage for that.