What is Long Term Insurance?
Long-term care insurance is not like traditional health care insurance. Long term care insurance is designed to cover long-term supports and services. This including personal and custodial care in a variety of settings such as your home, a community organization, or another other facility.
Long-term care insurance policies reimburse policyholders a amount daily (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating. You can select a range of care options and benefits that allow you to get the services you need, where you need them. The cost of your long-term care policy is based on:
Normally the sooner you consider your options and execute a plan, the more time, money, and stress you can spare yourself. This includes allowing yourself time to investigate, research and select a plan. Don't wait until it is too late.
Most of the long-term care insurance policies have limits of how long and how much they will pay. There are policies available that will pay your long-term care for two - five years. There are other insurance policies that will pay your long-term care costs for as long as you live without cost/cap limits. But there are very few that have no such limits/caps.
Whether you qualify for medicaid, or not there are affordable options available if you plan ahead. Many underestimate planning for Medicaid, Long-Term Care, Crisis Care and they do not think about protecting their assets if something critical arises. The people that prepare and plan are always better off, being protected and are happy they took action. There is a growing need for the legal guidance through this complex ever changing medicaid system. That is why the Estate Planning and Elder Law Division has been expanding locations at the Law Offices of John Knappmann.
Michigan Medicaid Overview
Medicaid is a program for eligible persons who need help paying their medical bills.
Michigan Medicaid Eligibility Requirements - Non Income
Enrollees must be U.S. citizens or qualified aliens living in Michigan.
Documents you need for Michigan Medicaid Application
Michigan Medicaid Benefits
Benefits include ambulance, dental, doctor visits, surgery, vision, family planning, health checkups, hearing and speech, home healthcare, hospice, hospitalization, lab and x-rays, personal care services, prenatal care, immunizations, medical supplies, nursing home care, medicine, mental health care, substance abuse treatment, physical therapy.
Medicaid Related to Children - Michigan Medicaid & Chip Eligibility Levels
Modified adjusted gross income (MAGI) eligibility levels for Michigan Medicaid and Children's Health Insurance Program (CHIP). See below:
MEDICAID: CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP)
States set their own Medicaid eligibility guidelines. The program is aimed for people with low income, but eligibility also depends on meeting additional requirements based on things such as pregnancy status, age, disability status, citizenship and assets.
About Michigan Medicaid
Michigan is required to provide Medicaid services for people who fall under specific categories of need in order for the state to receive matching funds from the federal government. Groups that the federal government considers "categorically needy" for Medicaid include:
persons who would be eligible for Medicaid under one of the mandatory or optional groups.
General guidelines for the Michigan Medicaid eligibility requirements. This is an assistance program that provides medical coverage for low-income people of all ages. The department that handles the Medicaid program is Michigan Department Community Health.
What is Medicaid?
Medicaid is defined as a government medical service program that helps individuals and families with low incomes.
How is Medicaid rolled out in each state?
The federal government is the primary oversight of the medicaid program that each state is responsible for executing and following these basic procedures:
"Some Medicaid offices have a 30 day reapply wait period."
Don't stress about complicated medicaid applications, qualifications and programs. Our legal services will streamline the entire process for you, and help you prepare before applying for medicaid health programs.
The Affordable Care Act provides Americans with better health security by putting in place comprehensive health insurance reforms that will:
Hold insurance companies accountable
Lower health care costs
Guarantee more choice
Enhance the quality of care for all Americans
The Affordable Care Act actually refers to two separate pieces of legislation — the Patient Protection and Affordable Care Act (P.L. 111-148) and the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) — that, together expand Medicaid coverage to millions of low-income Americans and makes numerous improvements to both Medicaid and CHIP.
As reiterated previously, Medicaid is a joint federal and state government program that helps people with low income and assets pay for some or all of their health care bills. It covers medical care, such as doctor visits, hospital costs, long-term care services in nursing homes, and long-term care services provided at home, such as visiting nurses and assistance with personal care. Unlike Medicare, Medicaid does pay for custodial care in nursing homes and at home.