Aging in Place 3rd edition

HEALTH & WELLNESS

Did You Know?

Medicare is the United States federal government health insurance program for Americans aged 65 and older. These benefits, which people pay into over their working lives, are intended to provide affordable healthcare to older Americans at a time in their lives when they are facing higher healthcare costs and declining incomes. The different parts of Medicare offer different coverage. It is important to familiarize yourself with each during open enrollment periods so your coverage is more likely to meet your anticipated healthcare needs and minimize gaps in coverage or unaffordable out-of-pocket expenses.

Medicaid is a need-based state assistance program for low-income people of every age that covers a broad range of assistance. People with Medicare may also qualify for Medicaid based on income, assets or very high medical bills. There are many different eligibility groups in the Medicaid program and each one has its own set of requirements. Coverage varies from state to state. Some people with Medicare may qualify for partial Medicaid coverage that will act like a Medicare supplemental policy and cover Medicare co-pays, etc. Due to the complexity of Medicaid eligibility and coverage rules it is important that you understand as much as possible about them before applying. Local Departments of Social Services usually administer the Medicaid program to determine eligibility. Websites that may be helpful include: Medicaid.gov and benefitscheckup.org .

Aging in Place: Your Home, Your Community, Your Choice

Health & Wellness 23