Medicaid Covers More Than Just Low-Income Individuals
Many assume Medicaid is only for
low-income individuals
, but it also covers pregnant women, children, seniors, and people with disabilities.
Some Millionaires Qualify for Medicaid
Strategic financial planning, like
setting up trusts, can allow even wealthy individuals
to qualify for Medicaid, especially for long-term care.
Medicaid Covers Over 80 Million Americans
That’s nearly
1 in 4 people
in the U.S., making it one of the largest healthcare programs.
You Can Qualify Even If You Own a Home
Owning a house doesn’t automatically disqualify you from Medicaid, as it’s often considered an exempt asset.
Medicaid Expansion Varies by State
Some states have expanded Medicaid under the Affordable Care Act, allowing more people to qualify, while others have stricter rules.
Medicaid Can Pay for Assisted Living
While Medicare doesn’t cover assisted living, Medicaid does in many states through Home and Community-Based Services (HCBS) waivers.
Medicaid Covers More Services Than Medicare
Medicaid often includes dental, vision, hearing aids, and personal care services that Medicare doesn’t cover.
Some Adults Without Children Can Qualify
In states that expanded Medicaid, adults without children can receive coverage based on income alone.
Emergency Medicaid Covers Undocumented Immigrants
While undocumented immigrants can’t get full Medicaid, they can receive emergency care under specific Medicaid programs.
Medicaid Helps Pay Medicare Costs
Low-income seniors on Medicare can get Medicaid to cover premiums, copayments, and deductibles.
Some States Have Work Requirements
Certain states require Medicaid recipients to work or participate in job training, though these rules face legal challenges.
Medicaid Can Recover Costs After Death
The Medicaid Estate Recovery Program (MERP) allows states to claim assets from a recipient’s estate after they pass away.
Medicaid Covers Substance Abuse Treatment
Many rehab centers accept Medicaid, making addiction treatment more accessible.
College Students May Qualify
Low-income students can get Medicaid coverage, especially in expansion states.
Medicaid Offers Free Transportation to Appointments
Many states provide non-emergency medical transportation for Medicaid recipients who need help getting to doctor visits.