With the ongoing health crisis, it’s easy to find yourself worrying about your own wellness. As the number of infected people continues to swell, fear and anxiety are likely to heighten. Therefore, applying for a medical coverage program will help give you security.
The Medicaid Savings Program, especially, is one of the best health coverages you could apply for. Established to help Americans deal with unexpected, high medicinal costs, the program is especially geared towards low-income families and individuals.
If you want to take advantage of this state-run health insurance program, knowing how to apply is the first step to fulfilling that goal. To help you with that, we have prepared a rundown of the important details you need to know about this coverage.
Medicaid Savings Program – What Is It & How To Apply
Defining The Medicaid Savings Program
As mentioned earlier, the Medicaid Savings Program works as a state-run health insurance program geared towards low-income individuals who need assistance in their medical needs.
Once registered, individuals who have this insurance will have some of their medical services covered, including doctor visits, hospital services, lab tests, x-rays, and much more.
Are You Eligible?
Generally, Medicaid is administered and operated by states. Therefore, although all programs must follow federal guidelines, eligibility and program benefits may vary from state to state.
With this, it is important to learn about your state’s Medicaid program first in order to know whether you meet the program’s eligibility requirements.
However, to give you a brief background, most states look at a person’s income level and household size in order to determine whether he or she is eligible.
To know whether you qualify or not, you can visit this link and provide the necessary details. Once you are done, click “Submit” to see the results. The page will ask for your household size, the state you live in, and your estimated income for the current year.
How To Apply
Once you’ve found out that you qualify, you can go through the application process. Generally, applying for the Medicaid Savings Program can be done in two ways: through the health insurance marketplace and through your state Medicaid agency.
Here are the steps you need to know.
Through the Health Insurance Marketplace
Step 1: Visit the Health Insurance Marketplace
Step 2: Create an account
Step 3: Fill out an application form
Step 4: The site will tell whether you or any of your household members qualify for Medicaid or other insurance plans
Through your state Medicaid agency
Step 1: Visit your state Medicaid agency
Step 2: Ask for an application form
Step 3: Fill in the form
Step 4: Wait for further instructions
The Bottom Line
Surely, no one wants to get sick or hurt. However, as the world faces a pandemic, knowing you’re prepared when a health emergency strikes is a necessity.
Get to know more about your state’s Medicaid Savings Program. Visit their website today!