What exactly is Medicaid? It is a health program aimed at assisting low income individuals and families as well as people with certain disabilities. The program is funded by both the federal and state government. Its main purpose is to provide medical assistance for those who are unable to afford healthcare. Medicaid is the largest and most utilized method used to fund health-related and medical services to individuals with low income in the United States. This area is without a doubt one of the most important aspects of elder law. In order to qualify for Medicaid in NYC, you typically need to have relatively high medical bills, be the recipient of SSI, or meet other financial requirements which are discussed here.
Various personal aspects are taken into account when determining your eligibility such as age, your financial situation, your living arrangement, and your family situation. If you qualify for NYC Medicaid, you can be eligible for a number of services such as:
- Prenatal care
- Smoking cessation
- Health clinic services
- Home health care
- Dental health care
- Preventative health care
- Ambulance transportation expense
- Family planning services
Below are several frequently asked questions which may answer your inquiries. You can contact our firm at (646) 535-1667 should you want a consultation to discuss how you may qualify for Medicaid and utilize asset protection techniques to ensure your costs are low. To get a better understanding of Medicaid, see the following FAQs we typically receive:
Who qualifies to receive Medicaid?
To qualify for NYC Medicaid, there are a number of requirements that must be met. In general, you would need to be on the low income scale, disabled or over the age of 65. Most importantly, there are stringent income and assets limits imposed by Medicaid. The available exceptions to the rules should be discussed with a Medicaid Lawyer in New York.
If I make too much money as far as eligibility is concerned, can I still qualify for Medicaid?
You can still qualify for Medicaid even if you go over the eligibility requirement. Typically a person who is pregnant, disabled, under the age of 18, legally blind, or over 65 can still be eligible.
Can I protect my assets and still qualify for Medicaid?
Yes, if you have assets you can establish what is called a Medicaid Asset Protection Trust or explore other methods related to asset protection. Read our latest article about three things you should now before applying for Medicaid in NYS.
What is the best way to familiarize myself with Medicaid Planning?
There are plenty of websites you can visit to get a better understanding of how Medicaid works such as the NYS Department of Health website. To receive a consolation on your personal situation, call us at (646) 535-1667. We are located on 85 Broad Street 18th Floor, New York, NY 10004 and are ready to sit down with you and go over all available options. It is always advisable to discuss your elder law and medicaid planning needs with an Elder Law Attorney because of their knowledge, experience, and understanding of all of the various complexities involving this area of law.