•Under certain circumstances, yes, a life insurance policy may be taken by Medicaid to cover expenses following the death of the Medicaid recipient.
•However, there are ways to protect the policy beforehand.
•For most people, a much bigger concern is how life insurance impacts eligibility for Medicaid.
•These questions are complicated by the fact that Medicaid is a state run federal program, thus details vary from state to state.
•For a long list of reasons, you should read up on how life insurance relates to Medicaid well before you think you might need Medicaid.
What is Medicaid?
Medicaid is a joint federal-state health insurance program. In most states it is called Medicaid, but three states have renamed it. California calls it Medi-Cal,
Michigan also has a Medicaid program that is available to all low-income adults that are permanent residents of Michigan. This Medicaid program is subject to an income and asset test (MDCH, 2014). If the person does not pass the income and asset test, they may still qualify but will have to pay a deductible before benefits would start (MDCH, 2014). This is called the Medicaid “Spend-down” Program (MDCH, 2014).
Membership Services (MSD) at Kaiser Permanente used to be a modest department of sixty staff. However, over the past few years the department has doubled in size, creating minor departmental reorganization. In addition the increase of departmental staffing, several challenges became apparent. The changes included primary job function, as well as the introduction of new network system software which slowed down the processes of other departments. These departments included Claims (who pay the bills for service providers outside of the Kaiser Permanente network), and Patient Business Services (who send invoices to members for services received within Kaiser Permanente). Due to the unforeseen challenges created by the system upgrade, it was decided that MSD would process the calls for both of the affected departments. Unfortunately, this created a catastrophic event of MSD receiving numerous phone calls from upset members—who had received bills a year after the service had been provided. The average Monday call volume had risen from 1,800 to 2,600 calls per day. The average handling time for each phone call had risen as well—from an acceptable standard of 5.6 minutes to an unfavorable 7.2 minutes. The department continued to be kept inundated with these types of calls for the two years that these changes have been effect.
Under the Affordable Care Act one of the most important provisions is to expand health care to low income families through Medicaid. This could have an effect on over eight million people who do not have access to health care currently. However 25 states have decided against expanding Medicaid benefits, leaving 13.5 million people less likely to receive basic health care and preventative ...
What exactly is Medicaid? Medicaid is the largest health insurance in the United States, and it services many low-income families. This government health program is state regulated and varies among states due to having their own guidelines. Medicaid was signed into law on July the 30th, 1965. Medicaid’s guidelines come from the old Welfare law. “Medicaid has never matched that of food stamps, for which eligibility standards are linked to financial need alone. As Smith and Moore explains, the federal government, using its extraordinary demonstration powers under section 1115 of the Social Security Act, has allowed states to experiment with “decategorization” over the years, but Medicaid’s statutory bar against coverage of poor adults remains perhaps its most obvious failure” (Rosenbaum). Regardless of the many faults of this programs design, Medicaid helps close to 60 million low-income families in the United States. The people it helps would include: pregnant women, young children and their parents, the disabled, and the elderly, and other members of society that have low income. Medicaid is involved in many pregnancies and newborn care from a financial standpoint. It allows parents to have medical care for the child while in a low-income household. Medicaid has a huge impact on each states health systems and is used in a wide variety of ways.
Implemented (along with Medicare) as a part of the Social Security Amendments of 1965, Medicaid’s original purpose was to improve the health of the working poor who might otherwise go without medical care for themselves and their families. Medicaid also assisted low income seniors with cautionary provisions that paid for the costs of nursing facility care and other medical expenses such as premiums and copayments that were not covered through Medicare. Eligibility for Medicaid is usually based on the family’s or individual’s income and assets. When the ACA came into effect in 2010, it began to work with the states to develop a plan to better coordinate the two ...
The author also believes that the Medicaid expansion extends beyond the politics, and has an aim to impact the life, health, and financial stability for the state and individuals. Medicaid expansion can be beneficial to many countries that have a large proportion of low-income people that are uninsured and or with disabilities. This can aid in saving the state money because much of the cost is provided and covered by the federal government, that encourages healthier behavior and results to a reduction in chronic disease due to lower health care costs. Although Texas opted out in adopting the expansion, legislators should decide on the advantage and disadvantage of participating in the Medicaid expansion to improve the welfare of the state. The expansion of Medicaid coverage will give low-income pregnant women the chance to reduce the rate in infant mortality and provide an opportunity for those that were unable to get coverage to be
The Oregon plan extended Medicaid to all persons below the poverty line regardless of traditional eligibility categories. This caused the rate of uninsured escalating to 17 % from an 11% rate in 1994 (Bodenheimer, 2012).Rationing of services held on basis of benefit and contribution to overall health status were reasons on which this plan was based. Benefiting the maximum number possible
These requirements overlap between the two and some beneficiaries do qualify for both benefits. This means that Medicaid is sometimes used to help pay for Medicare premiums and those who do quality for both programs are considered to be “dual eligible” and will usually enroll in both programs in order to cut personal costs. Medicare and Medicaid both have their financial woes, each have their burdens, a...
Clearly, the Medicaid program is ripe for a major overhaul, a task that the federal government has thus far been unwilling to undertake. I chose this topic because I believe that the Medicaid program can be rescued and revitalized by leadership; otherwise, it is likely to be eroded. Medicaid is a government-sponsored program whose objective is to provide patients with health assistance upon meeting specific criteria. Medicaid is an insurance program that is available for disadvantaged persons, including the elderly, who cannot afford health benefits because of low incomes or other factors. This program is subsidized by government funds and in many instances, will cover the costs of basic medical care as well as specialized testing and supplies. What are the problems with Medicaid and what should be done about them? This paper will look at 6 articles about the economics of Medicaid and analyze what should be done about this problem.
Health Care workers are constantly faced with legal and ethical issues every day during the course of their work. It is important that the health care workers have a clear understanding of these legal and ethical issues that they will face (1). In the case study analysed key legal and ethical issues arise during the initial decision-making of the incident, when the second ambulance crew arrived, throughout the treatment and during the transfer of patient to the hospital. The ethical issues in this case can be described as what the paramedic believes is the right thing to do for the patient and the legal issues control what the law describes that the paramedic should do in this situation (2, 3). It is therefore important that paramedics also
Provisions to expand Medicaid are central to legislation aiming to eliminate racial inequities. Minorities make up about one-third of the population, but account for over half of the total 47 million uninsured. This is a reflection of racialized economic structures that leave many minorities unable to afford insurance or access employer-based coverage. The ACA attempts to decrease the rate of uninsured for low-income individuals and families by expanding Medicaid to adults with incomes at or below 138 percent of the federal poverty line. Although this provision will help to expand coverage to some of the nations poorest individuals, the Supreme Court’s Decision to leave the choice to expand up to the states has a serious impact on the b...
Medicaid is an assistance program for low-income people regardless of age. A federally mandated program, Medicaid is run by state and local governments under the established federal guidelines. Income and resource levels are the primary means for each state to determine eligibility with the level varying from state to state. Eligibility is also affected by other factors such as age, whether you are pregnant, if you are blind or have other disabilities, and U.S. citizenship or lawful immigration status. Some states req...
sponsored programs, such as Medicaid, that try and offset medical problems of the poor youth,
Funding for mental health care comes from various sources. States typically derive the larger amount of their funds from Medicaid and state general funds that are administered by state mental health authorities. In 2007, 46% of funding was through Medicaid, and 40% of funding was through state general funds (Honberg et al. 2). Overall, states consistently assemble their budget from state general funds, federal Medicaid, federal block grants, and private grants (Honberg et al. 3).
...andatory health insurance will help protect the financial and health future of families in a lifetime.