Ocala, FL Medicaid Planning Attorney
Medicaid Program Benefits
Medicaid is the federal government program that provides low income individuals with health care. The Medicaid program differs slightly from state to state. If you are currently receiving Medicaid benefits or anticipate needing them in the future, it is important that you understand what the Medicaid program requires of its applicants and recipients.
Ms. Samantha Shealy Rauba can help you with your Medicaid needs. As our firm’s resident estate planning and probate attorney, she has the knowledge and experience to answer any questions you have about planning for your financial and healthcare-related future.
Florida Medicaid Planning Attorneys
In Florida, the Florida Medicaid Institutionalized Care Program (ICP) can help you offset the high costs of living in a long-term care facility. To qualify for this program, applicants must meet the following requirements:
- Be 65 years old or older or meet Social Security’s criteria to be considered disabled.
- Be a Florida resident.
- Be determined to need long-term care in a nursing home.
- Be placed in a long-term care facility that participates in the ICP program.
- Have assets and income within the program’s limit. These assets may not be worth more than $2,000 for an individual or $3,000 for a couple and may include trusts, life insurance policies of up to $2,500 ($1,500 for SSI recipients), stocks, bonds, and real estate other than the individual’s home. Certain assets, such as the individual’s home and irrevocable burial funds of up to $2,500, are not considered for this asset limit.
- Have a Social Security number and be a United States citizen or a qualified non-citizen.
There are other requirements for applicants as well that Ms. Rauba can go over with you when you work with her to determine your Medicaid eligibility. If you qualify, she can submit your application on your behalf and advocate for you to obtain this coverage.
If you qualify for this program, it will not cover all of your long-term care expenses. Instead, it covers the approved rate for your facility after you have paid your portion of the bill. The portion that you pay is determined by examining your income and assets to determine an amount that you can afford to pay for your care.
Contact Us Today About Medicaid Planning
When you are facing the possibility of spending time in a long-term care facility, you may feel overwhelmed with the costs of this type of care. Do not feel like you can’t get the care you need simply because you can’t afford it. Medicaid’s ICP for Florida residents can help you get the care you need by providing you with coverage for its cost. To learn more about using Medicaid to pay for your nursing home care, contact Schatt, McGraw, Rauba & Mutarelli today to schedule your consultation with our firm. During this consultation, we will answer any questions you have and advise you about the next steps to take with your Medicaid application.