Wednesday, September 2, 2009

Medicaid applications- Not for the faint of heart

Medicaid is the state run program for those in need of medical insurance or for the elderly- co-insurance.
Every state has some criteria set by the federal government- with a few variances on income guidelines.
The income guidelines are based on state and federal poverty levels.
While guidelines vary from state to state; basic issues remain the same. Medicaid programs are divided into categories for babies and children, disabled adults, and elderly.
Criteria typically includes reviewing finances, and property ownership; as well as medical criteria for the needed services.
Bank statements are required, as are ownership papers for homes and vehicles.
Time consuming tasks usually include gathering birth records, marriage records, and tax related paperwork. In some cases locating medical bills can become overwhelming. Most states ask for information from the past three to five years.
When beginning the application make sure to keep recent bank statements handy, and medicare information as well as any military information.
In order to minimize chance for lost applications, make copies of everything, and fax it to the main office or ask for the name of the staff member who receives the paper work.

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