Elder Law & Medicare Planning
Planning for Medicare can be difficult
Many Americans rely on Medicaid to provide necessary healthcare coverage when they do not have employer-sponsored or private health insurance. However, few understand the purpose of the program, its intricacies, or how planning for Medicaid can drastically reduce an individual’s financial concerns
What is Medicaid?
Medicaid is a federal healthcare program operated jointly by the federal government and state governments. Like Medicare, the purpose of Medicaid is to provide healthcare coverage for those in need. While both programs ease the financial burden of healthcare coverage, Medicaid differs from Medicare in that Medicaid is means tested and offers coverage for nursing home care and personal care services which are not covered by Medicare. Because Medicaid has stringent eligibility requirements, consulting with an experienced Medicaid planning attorney is essential to ensure that you qualify for Medicaid when you need it
How Do We Help With Medicaid Planning?
Forsythe Law has helped clients of all ages plan for whatever the future holds. We specialize client centered estate and long-term care planning, of which Medicaid planning is an integral part. We want to help you plan for Medicaid eligibility while still living the life you desire. We love our clients and focus on personalized care. We offer free consultations as well as in person, video, and remote care planning
Who Qualifies?
To qualify for Medicaid, an individual must satisfy certain requirements including:
- Residency
- Age and/or disability
- Income limitations
- Asset limitations
To qualify for Medicaid in Texas, an individual must be a citizen of the United States and a resident of the State of Texas.
In Texas, an individual must be at least 65 years of age, blind, or otherwise disabled.Additional Income and Asset restrictions apply.
We're here to help
Due to the stringent requirements to qualify for Medicaid, many individuals ultimately find themselves in a situation where they fail to meet the income or asset requirements, but still can’t afford the cost of healthcare that Medicaid covers, such as nursing home fees or fees for personal care services.
Consult with a Medicaid planning attorney today to ensure that you qualify for Medicaid when you need it.