What to Know About Florida Medicaid
Category : Medicaid Planning | Comments Off on What to Know About Florida Medicaid
12th Feb 2021
Medicaid can provide health coverage to families or individuals. Medicaid Planning is a form of asset protection while allowing you to qualify for Medicaid benefits. Medicaid Planning and the application process can take weeks to months to complete, so being prepared is most important. Here’s an overview of important details to note regarding becoming a Medicaid recipient.
It can also help secure personal assets and other finances to prevent issues later in life. The application process can take weeks to months to complete, so being prepared is most important. Here’s an overview of important details to note regarding becoming a Medicaid recipient.
Who Is Eligible?
The main qualifying factors for applying for Medicaid are income level and other assets. In the state of Florida, you must be a resident of the state. You may also qualify if you are a permanent resident or U.S. naturalized citizen and must have a form of ID or green card. Other groups who can qualify include pregnant women, individuals with disabilities, and individuals formerly placed in foster care.
Medicaid Benefits
Medicaid offers Managed Medical Assistance (MMA), Long-Term Care (LTC), and dental insurance programs. MMA covers hospital care, doctor visits, and includes additional benefits. LTC covers assisted living and nursing home facilities. Dental programs provide affordable options for cleanings and other dentistry appointments.
Legal Consultation
While you can apply for Medicaid online or in person, the process can be difficult without consulting a legal professional, especially later in life. There are other factors to consider, such as the need for a Qualified Income Trust, exceeding Medicaid asset requirements, or the need to Petition for Spousal Support, that you may not be aware of without the support of an experienced Medicaid Planning lawyer.
If you or a loved one are considering applying for Medicaid, Rooth & Rooth Elder Law Attorneys is here to listen and help you understand your options. Our attorneys provide skilled elder law services and collaborate with our clients throughout every step of the process. Call our team at 727-397-4768 or complete our contact form to get started.
