Guestover a year ago Hi. I am 52 years old male. I live in NYC. I can`t afford to pay for medical care and I have some Qs about Medicaid. How do I qualify for Medicaid? Do I have to cancel other health insurance? I am in a nursing home and wonder can I still keep the part...
You mustqualify for Medicaid. Low-income is only one test forMedicaid eligibility; assets and resources are also tested against established thresholds. As noted earlier, categorically needy persons who are eligible for Medicaid may or may not also receive cash assistance from the Temporary Assistance ...
You’re first eligible for a Medicare Supplement Insurance, or Medigap, plan once you’re 65 or older and you have Medicare Part B [3]. This six-month Medigap open enrollment period happens only once, and you can buy any policy you want, regardless of your health. After that, you may...
eligible for disability benefits. You do not necessarily need to be a recipient of SSI or SSDI if you meet the age restriction and other criteria for the state of your disability. If you become disabled before age 26, then you are eligible to make contributions through the rest of your ...
Philip ReuerFinancial Advisor at One Degree Marcus P. Miller, CFPCertified Financial Planner and Financial Advisor at Mainstay Capital Erik Baskin, CFP®, CEPA®Financial Planner for Military, Veterans, & Business Owners Gail HarrisSenior Vice President, CFP®, CIMA® ...
In an ideal situation, you'd have long-term care insurance to help pay for assisted-living, but if you don't already have a policy and you're over 60 years old, the premiums may be prohibitively expensive. Another option is to open a Medicaidtrust, which can help if you earn too muc...
[bctt tweet="60 or 65? How old is old? We use different numbers for different reasons - find out why here " username="CommunitySols"] Data availability from the Census may determine why we use one age over the other. Data tables from the American Community Survey (ACS), have some in...
If you are 65 years old and eligible for Social Security, Medicare is an option for you. If you’ve received Social Security Disability Insurance (SSDI) for 24 months, you may qualify for Medicare, regardless of your age.Individuals who have certain disabilities, such as amyotrophic lateral sc...
How to Pay for Old-Age Care; Gaming the Medicaid System Is Legal, but I Hate It. New Rules, Effective Last Year, Make It Harder for the Rich to Get on the RollsByline: Jane Bryant Quinn (Reporter Associate: Temma Ehrenfeld)Quinn, Jane Bryant...
Medicare Part A is one offour componentsof the federal government’s health insurance program for older adults and other eligible people. Medicare Part A helps pay for bills related to inpatient hospital stays and procedures; inpatient care in a skilled nursing facility; hospice care; and home he...