When we become sick, most people tend to wait until we become extremely ill to go to the doctor or hospital. When people hold off on making an appointment to see a doctor, it isn’t because they are afraid of doctors, it is because they are afraid of the bill they will be facing once the visit is over. For most people in the world, they are unable to pay for insurance because they do not make enough to pay for the out of pocket costs. Dealing with high medical costs can be difficult, however, there are other ways to have a decent insurance and not have to pay a pretty penny for it or compromise our health or our loved one’s health either. One way to make this happen is by learning more about Medicaid and how it can help in any situation.
What is Medicaid?
Medicaid is a form of a healthcare that was created by the federal government to aid those who need help. Although the name changes from state to state, it is still the same healthcare offered all over the world. Currently, Medicaid has helped millions of eligible low-income people attain health coverage in the United States. This health coverage is available for those who are meet the eligibility requirements such as low-income adults, children, pregnant women, people with disabilities and elderly adults. Medicaid offers a way for people those who have no other means for healthcare receive the care that they need for themselves or their loved ones at a low cost or no cost at all.
What are the Requirements?
Knowing if what the requirements are for Medicaid in New York can really save us a long application process. To qualify for Medicaid in New York, we must be able to provide proof of residency along with providing proof that we are either a citizen of the United States, a permanent resident or a legal alien. Another factor that will determine if we are eligible for coverage is by showing proof of income by providing proof of the total income level of a household. We will also have to provide any proof of other sources of income to determine if we fall under the federal poverty level (FPL).
Sometimes when we apply for certain things, determining what income is for the application is important, especially if we are applying for Medicaid. As mentioned above, all income is required when applying for Medicaid which includes employment wages, pension payments, Social Security Income, Disability income, gifts, IRAs and so on. It is also important to include our spouse’s income even if our spouse is not applying for the coverage. However, if we are applying for a nursing home Medicaid or Medicaid waiver and the spouse is not then the spouse’s income is not needed at this time.
What is Covered?
Although Medicaid aims to cover everything for their clients, it does not mean everything will be covered for them. For example, the coverage available all depends on numerous factors such as income, age, household and more. However, Medicaid coverage does include home care aide services, medical supplies, childbirth, X-rays, health clinic visits, transportation to medical appointments and more. However, Medicaid in New York does not cover dental services, cosmetic procedures, speech therapy and more.
How to Apply?
Applying for anything can be difficult, especially if we want to make sure that we are answering everything correctly. When we apply for Medicaid, we will need to prepare all our documents so we can have it ready to submit for the application. Once we have everything ready, we can apply for Medicaid by going in person, calling the local office or apply online. However, for those who are 65 and older, they will not be able to apply online, but they are still able to call or go in person to complete the application.
How Much Does Medicaid Cost?
Whenever we do anything, we always think about the costs and whether we can cover all these new costs. Although Medicaid does try to keep their costs low or at no costs at all, it does not mean that it always will be like that which is why it is crucial to be aware of any additional costs that may pop up due to these medical services. For example, we might still have to provide a co-payment for certain services like laboratory tests, medical supplies, medication, hospital stays, clinic visits and so on. It is important to remember that the coverage will still have some expenses associated with it despite Medicaid’s attempt to limit or reduce costs.