Many seniors need help managing their healthcare costs. While Medicare can help, there are many costs it does not cover. However, if you are a low-income senior, you might be eligible for Florida Medicaid coverage. Working together, Medicare and Medicaid can significantly reduce your out-of-pocket healthcare costs.
This post will explore Medicaid in Florida and how seniors can leverage it to maximize their health benefits.
The Basics of Florida Medicaid Coverage
Eligibility Requirements
The first point to consider is your eligibility. If you are over 65, you meet one of the first requirements. Having a disability or family member with a disability in your home could also make you eligible.
Beyond your age, you must also meet the financial requirements. As of this writing, regular Medicaid has a monthly income limit of $1,104 for individuals. That figure goes up to $1,492 for married couples. Individuals can also have a maximum of $5,000 in countable assets, while couples can have up to $6,000.
It is important to note that income and asset requirements may change with time. Applicants should also realize that thresholds may also differ for various Medicaid programs. For example, Florida’s Medicaid waivers have higher income caps but lower asset limits.
Florida Medicaid Services
Florida Medicaid can cover a wide range of services for seniors. These include doctor’s visits, hospital stays, prescriptions, and medical imaging. Medicaid may also cover many out-of-pocket expenses left over from Medicare coverage.
Medicaid Waiver Programs in Florida
Florida has Medicaid waiver programs to support seniors seeking care in their homes or communities. One notable program is Florida’s Long-Term Care Waiver Program. It offers a range of services, including personal care assistance, skilled nursing, adult day care, and respite care. It may also cover home modifications or medical equipment. This program allows seniors to avoid or delay institutionalization by receiving care in their current homes.
Applying for Medicaid
Seniors can apply for Medicaid at the MyACCESS website. Before applying for coverage, seniors should gather all necessary documents. You’ll need proof of identity, proof of residency, and documents covering proof of income and assets.
It is important to recognize that most seniors interested in Medicaid are not financially eligible. However, there are Medicaid planning steps you can take to obtain eligibility. You just need to start planning years in advance.
Do you need elder law services in Florida? Click here to contact Scott Law Offices. We offer a range of services to help seniors navigate the complex legal issues that come with aging. Reach out now to learn more about how we can help.
Thanks for visiting!
