In this vide, we discussed spend down in Medicaid and how does it work.
Some consumers make too much money to be qualified for Medicaid. If they use the extra money to pay for medical expenses, some of these persons might be eligible for Medicaid. It's known as a spend down
The process of determining Medicaid eligibility and whether an individual's income or assets exceed the eligibility limits is typically handled by the state's Medicaid agency or a designated third-party organization. When an individual applies for Medicaid, they are required to provide information about their income and assets, and the Medicaid agency will review this information to determine if the individual meets the eligibility requirements.
Some common examples of allowable expenses for Medicaid spend down-
Medical and dental expenses, such as doctor visits, hospitalization, prescription drugs, and dental care, Health insurance premiums, including Medicare premiums and private health, insurance premiums
Home health care services and personal care services , Medical transportation costs, Assisted living and nursing home costs
Certain home modifications or adaptive equipment , Funeral and burial expenses
#medicaid
#spenddown
#ushealthcare
#claim
#aranddenialmanagement
#healthinsurance