If you have reached a point in your life where you are no longer working but find you are struggling to meet your monthly financial obligations, there is government assistance available to elderly individuals and you may qualify for it. The first type of assistance that is available is TennCare Medicaid, or Medicaid, and it provides healthcare to many different people including the elderly or someone who has a disability. In order to qualify and receive TennCare Medicaid, you must meet income and resource limits.
What are these income limits you wonder? According to Benefits.gov, in order to qualify for TennCare Medicaid, you must have an annual household income, meaning the amount of income you bring in before taxes, that is below the following amounts:
- If your household size is one, your maximum income level per year can’t exceed $16,040.
- If your household size is two, your maximum income level per year cannot exceed $21,599.
- If your household size is three, your maximum income level per year can’t exceed $27,129.
If your household size is larger than three, visit Benefits.gov to see what your maximum income level per year is. According to the State of Tennessee, TennCare Medicaid will generally cover individuals who:
- Get a Supplemental Security Income (SSI) check.
- Have gotten both an SSI check and a Social Security check in the same month at least once since April 1997 and still collect a Social Security check.
- Live in a nursing home and earn an income that is below $2,205 per month.
Now, if you have questions pertaining to the eligibility requirements, you can always turn to a reliable elder law attorney in Nashville, TN who would be happy to sit down with you and address any concerns you might have. You can also contact TennCare Medicaid at 1-800-342-3145 to see if they are able to answer the questions you might have.
Now, we mentioned that there are two forms of assistance that are available to elderly individuals. While TennCare Medicaid is one, Medicare is another.
What is the difference between Medicare and Medicaid?
According to the U.S. Department of Health & Human Services, “Medicare is an insurance program. Medical bills are paid from trust funds which those covered have paid into.” Medicare is generally available to individuals who are 65 years of age or older, regardless of their income, and even is available to younger disabled individuals as well as dialysis patients. A patient who receives Medicare benefits would be required to pay part of their hospital costs through deductibles and may even be required to pay small monthly premiums for non-hospital coverage. The Medicare program is run by the Centers for Medicare & Medicaid Services.
Medicaid, on the other hand, is an assistance program that “serves low-income people of every age.” Patients who receive Medicaid “usually pay no part of costs for covered medical expenses,” although they may sometimes incur a small copayment for certain types of treatment. Medicaid is run by state and local governments and benefits vary based on the state in which you live in.
If you are a senior citizen and you or your spouse lives in a nursing home in Nashville, you may qualify to receive Medicaid benefits. If you would like to learn more about obtaining these benefits, speak with a TN elder law attorney today.
Now, if you aren’t sure if you qualify for either type of assistance or need help applying, don’t hesitate to contact a Nashville elder law lawyer at Elder Law of Nashville PLC. Aside from becoming more informed on Medicare and Medicaid, there may be other forms of assistance that are available to you and the attorneys at this firm would be more than happy to find out what those are.
Therefore, if you are interested in learning more about the financial assistance you could be receiving, give them a call now at 615-852-5602.
You can also visit Elder Law of Nashville PLC at:
4525 Harding Pike, Ste 200
Nashville, TN 37205