Will Medicaid in Colorado Pay for a Nursing Home or Assisted Living?

If there is one thing countries across the world are recognizing the importance of, it's medical insurance. There's no way to predict how our health will fare. Someone could be healthy one day and bed-ridden the next. Our lifestyles have become extraordinarily unprecedented and often too unhealthy for our well-being. We aren't always immediately braced with the consequences. Usually, it takes years for the damage to show. Most people face the result of years of neglecting their health in old age. It is only when you retire and finally sit down to enjoy your time that your bones start cracking, limbs start aching, and you feel the sickness set in. This is a crucial time for everyone, and you deserve nothing less than the best care. After a lifetime of hard work, your medical insurance should provide you with the ultimate benefits. However, the discrepancies regarding healthcare policies are plenty, and many often ask, is assisted living covered by Medicare in Colorado? 

What is Medicaid?

Medicaid is a health insurance initiative set up by the federal government. It helps accommodate or pay for medical expenses for citizens who cannot contribute to society due to either age or disability. The Medicaid program has helped many citizens gain rightful treatment and care. There is a certain eligibility quota that you have to pass to be qualified for the program's benefits. Once that's through, you're good to go. In certain cases, Medicaid also pays for assisted living or a nursing home. 

When will Medicaid Pay for Assisted Living?

Medicaid examines a few aspects of your situation before granting assisted living. These have to do with your ability to afford other programs, along with your ability to perform necessary activities. Hence, your income, as well as your need for assisted living, are evaluated thoroughly. 

How Does Medicaid Evaluate Income?

Medicaid aims to provide for individuals who cannot afford private facilities. Anyone living in Colorado with an income below $2,199 will be considered for the program. Other than this, the amount you possess in countable resources should fall below $2,000. If this is true, you will qualify for the program. The authorities conduct the income test to rule out other discrepancies, like having an income higher than $2199 but a low gross income cap. The results determine whether the individual can gain the benefits of Medicaid. 

How Does Medicaid Evaluate Needs?

The program needs to determine if someone requires assisted living so that genuinely impaired citizens are not deprived. The general criteria are that an individual should be 65 years of age or above, blind or disabled. The program looks at whether you can go through routine activities like showering, eating, going to the toilet, putting on new clothes, etc., without help. If that is not the case, then you qualify for long-term care. 

Final Word

Medicaid has saved lives and provided optimum relief for senior citizens. If you're someone who thinks they fit the criteria for the program, be sure to apply today.