Medicare & Medicaid Planning

Many people confuse the Medicare and Medicaid programs.  Medicare is the federal program which provides medical coverage for seniors (over 65) and the disabled (after you have been eligible to receive benefits for 24 months).  On the other hand, Medicaid is a state program providing medical coverage for those individuals and families who are financially eligible.

If you are on Medicare, you are still responsible for a portion of your medical bills, including prescriptions. You are also responsible for the premium charged for your Medicare coverage.  There are options that enable you to save money or, possibly, eliminate out-of-pocket costs for health care.  This includes eligibility for expanded Medicaid.

However, there are regulations regarding most assets, anything you own, which can disqualify you from Medicaid.  There are also rules regarding the transfer of assets that can place other assets, such as your home, in jeopardy.

We can counsel you on your options to save money without compromising your quality of care. We can also give advice as to the proper methods of transferring assets that will not disqualify you from receiving benefits under Medicaid.

Applying for these benefits is not easy to do on your own.  It is a long, tedious process and you must support every fact in the application properly with documentation.  Any error or omission in the application can lead to a denial or sanctions depending on the situation.  You need the expertise of a qualified representative to help you avoid the pitfalls that doom other applicants. Contact us now and let us make the Medicare/Medicaid process easier on you.