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Medicaid Underwriting – FAQs

Answers to common Medicaid questions.

Medicaid FAQs

Medicaid FAQs: Who qualifies? Low-income individuals, families, seniors, and disabled individuals. What does it cover? Doctor visits, hospital stays, prescriptions, and long-term care. Can you have Medicare too
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Medicaid FAQs

Understanding Medicaid

Healthcare costs can be overwhelming, especially for low-income individuals, families, and people with disabilities. To address this issue, the Medicaid program was established in 1965, providing affordable health coverage through federal and state funding. While each state administers Medicaid, the federal government helps fund the program.

What is Considered in Medicaid Underwriting?

  • Income & Assets: Eligibility is based on household income and asset limits, which vary by state.

  • Medical Conditions: Coverage may include chronic illnesses, disabilities, and mental health conditions based on state-specific guidelines.

  • Application Process: Underwriting typically takes a few weeks, requiring income proof, medical history, and citizenship verification.

Common Medicaid Underwriting Questions

  • Can someone be denied coverage? Yes, if they don’t meet income, asset, or medical eligibility criteria.

  • What if my financial or medical situation changes? You must report changes to the state.

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O'Neal Insurance Group

Las Vegas NV Chicago IL Medicare Health Plan Specialist Insurance Broker Agency
O’Neal Insurance Group is your local Las Vegas, Nevada, Individual and Family ACA, Obamacare, Dental, Vision, Hospital Indemnity, Critical Illness, ESRD, Cancer insurance, and Medicare health plan specialist broker agency with over 38 years of healthcare experience, licensed and certified, serving over 30 States, including Chicago, Illinois. We provide personal guidance in helping you compare, enroll, and educate you on all your individual and family healthcare options, including Medigap, Med Supplements, Medicare Advantage, and Part D Plan options. You can quote, compare, and enroll online 24 hours a day, 7 days a week, without the help of a pushy salesman at any time from the convenience of your home or office. You can also schedule a phone appointment, one-on-one and online, or a Mobile screen-sharing appointment at a convenient time.
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We do not offer all plans available in your area. The information provided is limited to the plans we do offer. For a complete list of options, visit Medicare.gov or call 1-800-MEDICARE. This is a solicitation for insurance.
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