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The Mystery of Medicaid Qualification

The mystery of Medicaid qualification will continue in 2024. Every state has its own program, and yet they are Federally sponsored and now include the Older Adult Expansion as well as adjusting the threshold for qualifying financially.


Americans are living longer, according to the Centers for Disease Control and Prevention.  As Americans age, they also require long-term care. In the United States, Medicaid provides low-income families with medical costs and in some cases nursing home care coverage. In California, the state-specific Medicaid program is known as Medi-Cal. While Medi-Cal seems like a great idea in theory, it poses some significant financial challenges to the state. In fact, many people who need Medi-Cal may discover that they do not qualify.


Additionally, the State of California will attempt to reclaim the costs associated with your medical care through its Medi-Cal Estate Recovery Program. One way to address these issues is through a Medi-Cal Asset Protection Trust (MAPT). Many Californians may be

uncertain as to whether a MAPT is right for them.


Improve your understanding of the Medi-Cal Asset Protection Trust (MAPT) by tuning into "The See Differently Project" this upcoming Friday. Join our host, Renée Balcom, on www.VoiceAmerica.com for an insightful discussion.



Mark your calendars for January 12, 2024, at 7 am PST. Our guest, Michael McCabe, truly knows the ins and outs of Medicaid. His understanding is both broad and deep, and he's ready to tackle your questions while offering valuable insights. One key topic he'll be diving into is how becoming eligible for Medi-Cal in California can be a smart and legal way to protect your assets for the next generation. It's a discussion you won't want to miss!


You can join us with a simple click on the button below:



Renee looks forward to your feedback, as we continue to work together towards transforming the healthcare experience.


 


If we can assist you further, contact Renee & Company at 844-661-2369 or renee@reneecompany.com

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