Colorado Medicaid Eligibility Requirements For Seniors

Posted by:  :  Category: Medicare

Not anymore. There is a 5-year look-back law now. Uncle Sam can find your money and make you pay. You should consult an Elder-law attorney to understand the acceptable ways to “spend-down” assets to qualify for Medicaid as a low-income senior. You can gift some assets, within limits, to a beneficiary, but you should remember that these assets will no longer be in your control. Also, remember that the leading type of elder abuse is financial, many times by a family member. Spousal poverty protection laws have been passed to allow the spouse of a senior who needs long-term nursing home care to maintain usually up to 50% of the couple’s assets.
Source: caregiverlist.com

Health Coverage Resources

If you are 65 or older and a citizen of the United States, you are eligible for Medicare. Medicare is federal health insurance. It has different parts: Part A provides premium-free Hospital Insurance. Part B provides medical insurance for a premium and Part D provides Prescription Drug Coverage for an additional premium. There are also options called Medicare Advantage Plans that offer a range of different insurance plans. Click here to learn more about Medicare and to apply or call 1-800-Medicare (1-800-633-4227).  
Source: cohealthinitiative.org

Boulder County Public Health

Changes are coming! We will unveil our new website on Wednesday, April 19 at 10 a.m. We look forward to serving you better with our updated website. Please fill out our feedback form after the new website launches on 4/19.
Source: bouldercounty.org

Related posts:

  1. Eligibility Requirements for Medicaid in Colorado
  2. Colorado Medicaid: eligibility, enrollment and benefits
  3. Colorado Medicaid: The Medicaid Project, Colorado Medicaid Eligibility, Help, Assistance
  4. Colorado Medicaid: eligibility, enrollment and benefits
  5. Week before Obama visit, report finds Colorado Democrats cut Medicare by $6 billion for seniors in Colorado

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