Low-income individuals can get low cost health coverage through the Medicaid program. This program is funded jointly by states and the federal government. It covers low-income adults, children, pregnant women, elderly adults, and people with disabilities. If you feel you may be eligible for Medicaid, here’s what you need to know to get started.
Medicaid is the nation’s low-income health insurance program. It covers 1 in 5 Americans, and is the principal source of coverage for many Americans. This program plays a central role in our healthcare system, so you should definitely take advantage of it if you qualify.
Medicaid is a federal-state partnership wherein states administer Medicaid programs and the federal government provides them with support. All Americans who meet Medicaid eligibility requirements are guaranteed coverage and states are guaranteed matching dollars without a cap for qualified services provided to eligible Medicaid beneficiaries. In most instances, the federal government matches at least 50% of the costs for qualified health services.
Let Us Help You Maximize Your Insurance Needs
States determine the type of insurance that will be provided by Medicaid and this dictates the scope of services you will have access to when you join. While this may be the case, there are mandatory benefits that must be provided by Medicare. They include:
- Hospital services
- Physician services
- Laboratory services
- X-ray services
- Home health services
- Nursing facility care
- Emergency care
There are optional benefits that may be offered as well, including:
- Prescription drug coverage
- Occupational therapy
- Physical therapy
- Case management
To qualify for Medicaid, your income must be below a certain threshold. The threshold depends on the average income of the state you live in, so check with us to learn exactly how much money you must earn to qualify. We can help you submit an application and arrange your benefits if you qualify.
If you qualify for Medicaid, then ask us if Medicaid is right for you.
When shopping for health insurance, the providers you have access to is often a point of concern. With Medicaid, each state has its own network of providers that will accept Medicaid for their services. To find providers who accept Medicaid, you can contact the Social Security Administration.
Apply For Medicaid
If you have low income due to your life circumstances, you can get covered by Medicaid. T&T Insurance can help you apply and get started. Give us a call at 800-MI-NORTH (800-646-6748) to get started.