Understanding income rules and Medicaid
Friends tell me I am crazy not to apply for my Social Security Disability since I need the income.
My mother advised me to contact you before I sign up for Social Security Disability and ask what I should do. If I lose my health insurance, my cancer treatment will stop. I would like to know what my best option is.
Cindy.
Hi Cindy: I am so glad that your mother gave you my information and you contacted me because enrolling in Social Security Disability would have been a medical and emotional disaster for you and your mom would be very sad.
The main qualification for Medicaid is that you must meet the specific income requirements for the state that you live in. If you make
Cindy, your friends did not realize that when one qualifies for Social Security Disability, it will take 24 months to qualify for Medicare and your Medicare will begin on the 25th month. (Chapter 1 of the Medicare Survival Guide Advanced edition explains how to enroll in Medicare the correct way.)
My advice is to wait and apply for Social Security Disability after all of your cancer treatments are finished and you are released with a clean bill of health. I would not want you to put the mental and financial burden on yourself or your family about how to pay for your health care.
If you are no longer receiving cancer treatments covered by Medicaid when you are 62, you could apply for your early
Cindy, you may want to explore at 62 if your
At 65, apply for Original Medicare online at www.ssa.gov. Explore your Medicare options of either Original Medicare and applying for either a Medicare Supplement with a stand-alone Medicare Part D plan or enroll in a Medicare Advantage Part D plan. One should always confirm that their cancer/hospital facility and/or medical providers accept the Medicare Advantage plan that they are enrolling in since the MAPD plans can be HMO or PPO.
With Original Medicare, the Medicare recipient can make as much money as needed and not lose medical benefits-- unlike losing Medicaid and the important medical benefits Cindy currently has because she may make too much income with a Social Security Disability monthly amount.
Cindy, your friends meant well, but they did not know the Medicaid or Medicare rules and steered you in the wrong direction!
Have a Medicare question, email info@tonisays.com or call 832-519-8664.
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