Medicaid Recipients

Medicaid vs Medicare

Clients are often confused by the difference between the US Federal healthcare programs, Medicare and Medicaid.  In short, if a deceased person was disabled and receiving longterm care, they could have paid themselves or received medicaid.  Otherwise, most of the healthcare that able-bodied elderly people receive is under Medicare.  To be certain which of the programs was used, review the paperwork and statements.  The differences between them are considerable. 

Medicaid Recovery Against the Estate

Where a person received Medicaid benefits, the state of residence will seek to recover the funds expended by Medicaid against the estate.  This means that Medicaid may place liens against the deceased person's home or other property.  Consult with an attorney if you are administering an estate subject to Medicaid recovery.

Medicaid Planning

Medicaid for the disabled elderly is for those who cannot afford to pay for healthcare themselves.  Because of this, applications for medicaid require disclosure of all assets and of all asset transfers within the previous 5 years.  If a person has more assets than permissible, Medicaid may deny benefits.  However, a number of assets are exempt from consideration for Medicaid benefits qualification purposes.  Have a discussion with an Attorney to assist someone in planning for Medicaid benefits.