Medicare and Medicaid: What Are the Differences Part 2 - PowerPoint PPT Presentation

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Medicare and Medicaid: What Are the Differences Part 2

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A closer look at Medicare and Medicaid - how they are different in terms of how the programs are run, who can be eligible for benefits and the limits on those benefits. – PowerPoint PPT presentation

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Title: Medicare and Medicaid: What Are the Differences Part 2


1
Medicare and Medicaid
What Are the Differences? (Part 2)
2
Medicaid
3
Medicaid is an assistance program, as opposed to
an insurance program, that serves low-income
people regardless of age
4
Medical bills are paid from federal, state and
local tax funds and the patients usually do not
pay any of the costs for covered medical expenses
5
A small co-payment is sometimes required
6
Medicaid is a federal-state program, meaning that
it is run by state and local governments within
federal guidelines
7
Therefore, the specifics of the program vary
from state to state including the rules for
Medicaid eligibility
8
Who is Eligible for Medicaid?
9
Most states offer coverage for
10
The Affordable Care Act of 2010 established a
national minimum eligibility level for Medicaid
of 133 of the federal poverty level
11
This new level goes into effect on JANUARY 1, 2014
12
So, if you were told you did not qualify for
Medicaid before, you may qualify under the new
law
13
There are other non-financial eligibility
criteria that are used in determining Medicaid
eligibility
14
For example, in order to be eligible for
Medicaid, individuals need to satisfy federal and
state requirements regarding
15
For example, in order to be eligible for
Medicaid, individuals need to satisfy federal and
state requirements regarding
16
For example, in order to be eligible for
Medicaid, individuals need to satisfy federal and
state requirements regarding
17
For example, in order to be eligible for
Medicaid, individuals need to satisfy federal and
state requirements regarding
18
What Medicaid Benefits Are Available?
19
Although each State establishes and administers
its own Medicaid programs, there are certain
mandatory benefits that must be provided
20
These mandatory benefits include
21
These mandatory benefits include
22
These mandatory benefits include
23
These mandatory benefits include
24
Applying for Medicaid in Arkansas
25
To apply for Medicaid, go to the Department of
Human Services (DHS) office in the Arkansas
county where you live
26
Take the following information about yourself
and the family members who live with you
27
Proof of your age such as a birth certificate,
driver's license or a birth record from the
hospital
28
Paycheck stubs for everyone in your household
who has a job
29
Social Security card
30
Letters or forms from Social Security, SSI,
Veteran's Administration, or other sources that
show the amount of your income
31
Insurance policies, including other health
insurance policies
32
Bank books or other papers that show the amount
of money or property you own
33
Medicaid Programs in Arkansas
34
Arkansas has several Medicaid Programs
35
For more information visit the Arkansas Medicaid
website https//www.medicaid.state.ar.us/Inte
rnetSolution/default.aspx
36
For more information visit the Arkansas Medicaid
website https//www.medicaid.state.ar.us/
37
Learn More About Medicaid in Arkansas
38
Deborah Sexton Law Office
www.arkansas-estateplanning.com
(479) 443-0062
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