What is Medicaid?
Medicaid is a need-based medical assistance program that is administered by federal and state governments. The program is aimed at helping low-income families, the elderly, people with disabilities and individuals under other drastic circumstances to afford or have free access to necessary medication. Medicaid provides a range of medical services, but you must be eligible to apply. See here for the current eligibility rates (Medicaid Income Standards for 2021 , Regional Medicaid Rates for 2021). Whereas Medicare is mostly automatic after you reach age 65, it only pays for your care temporarily. Medicaid is long-term, permanent coverage in the event you need to be placed into a nursing home or should you require in-home health aides. Proper planning with the experienced attorney’s at the Falcone Law Firm will maximize health care coverage and preserve your family’s assets from a Medicaid lien.
