Pay close attention to the discussion that starts at 1:48. I explain that programs with both federal and state spending create perverse incentives for even more spending (e.g., what I wrote today). This is mostly because politicians in either Washington or state capitals can expand eligibility...
“It is the amount you must show proof of meeting or exceeding before the insurance plan starts to pay, in this case it’s before Medicaid starts to pay,” Simpson wrote in an email. For example, someone with income $200 above their state’s limit for Medicaid might become eligible if ...
Can you please also focus on PREVENTING us from getting sick? It is no comfort that help only starts if I get covid. I would prefer to be in a place that prioritizes prevention over emergency medical care. When is Medicaid expansion going into effect?
A strong estate plan starts with life insurance When creating a Medicaid trust, it is of utmost importance that the trust is irrevocable, meaning that it can't be changed. With an irrevocable trust, the grantor (settlor) gives up the ability to modify the trust. They will choose someone to...
“It's the worst feeling in the world, when you don't know what's happening with your body but you know something's terribly wrong and you've gotten zero help through the medical industry," McBane said. “And as you get sicker, the bills pile up.” ...
What Does It Cost? Children’s Medicaid is at no cost to you. If your child is able to get Children's Medicaid, there is no cost to you for covered services. CHIP fees vary based on your income. If your child is able to get CHIP, your enrollment fee and co-pays will be based ...
annual federal allotments based on a distribution formula set in law. Each state has flexibility to define the group of targeted, low-income children who are eligible for its SCHIP. Eligibility criteria may include, for example, geography, age, income and resources, residency, disability status,...
What is Medicaid estate planning? Medicaid planning is a crucial part of long-term care planning. Since most people over the age of 65 will need long-term care at some point, and the cost of this care is a lot more than most people are prepared for, Medicaid planning can help manage ...
Is there a delay before a Medicaid trust starts working? There may or not be a delay before the Medicaid trust kicks in, depending on the kind of property is involved. For a primary residence, the benefits of a Medicaid trust start accruing right away, because you will qualify for Medicaid...
Health starts in peoples’ homes, schools, workplaces, neighborhoods, and communities, influenced by individuals’ ability to take care of themselves by eating well and staying active, not smoking, getting the recommended immunizations and screening tests, and seeing a doctor when they are sick. ...