Consider During Medicaid Application for the Elderly

The Medicaid application process for the elderly can be complex, and it is crucial to consider several factors to ensure a successful application. Medicaid offers healthcare coverage for individuals with low income and assets. This is also crucial for the elders who require long-term care. Here are several crucial factors to consider during Medicaid application for the elderly.

Eligibility Criteria:

The first factor is to understand the eligibility requirements for Medicaid in the state you are living in. Since both federal and state governments fund Medicaid, the eligibility criteria also differ from one state to another. When going to Medicaid applications for the elderly, Medicaid experts should emphasize the asset limits meant for seniors to qualify for Medicaid.

Income with Asset Assessment:

Before going to apply for Medicaid, it is crucial to assess the elderly individual's income and assets. Countable assets like savings accounts and investments should fall within Medicaid's limits. There are some assets like primary residence, and personal belongings can be exempt in some cases.

Look-Back Period:

Medicaid comes with a look-back period, and in this period, any asset transfers or gifts can influence eligibility. If the assets were transferred for less than the fair market value during this period, the individual may face a penalty. In such cases, it is crucial to plan for the asset transfers strategically when needed in order to avoid penalties.

Long-Term Care Requirements:

A number of elderly individuals need long-term care like nursing home or assisted living facility care. When going for Medicaid applications for the elderly, one thing is to keep in mind that Medicaid always allocates funds for these services. During the application process, it should be considered the specific care requirements and how Medicaid can help to cover those expenses.

Legal Documentation:

During the Medicaid application for the elderly, crucial legal documents are required, like will, trust, and power of attorney. They should be prepared in advance, and there shouldn't be any delay during the process. These documents are essential for ensuring that the assets are distributed according to the wishes of the senior. 

Gathering Documents:

Medicaid applications need several documents like financial records, proof of citizenship or legal residency, and medical records. Medicaid experts advise gathering these documents in advance, and in this way, there will be no delay in the application process.

Application Assistance:

There are a number of families seeking assistance from Medicaid experts to navigate the application process. This is also crucial because the application needs deep knowledge of the Medicaid rules and regulations, and in this way, the application processes properly, eliminating any chance of rejection due to wrong data.


Medicaid application for the elderly needs special attention, which is why it is recommended to hire Medicaid experts who have years of knowledge in this domain. Once you employ them for this task, it will be easy for you to get qualified for this healthcare program.

Platinum Benefit Services, Inc. assists in processing Medicaid applications for the elderly for decades. 

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