an organization that combines the functions of health insurance, delivery of care, and administration. Examples include the independent practice association, third-party administrator, management service organization, and physician-hospital organization.
Age. There are no age requirements on Medicaid. To qualify for Medicaid the person must have high medical bills, be disabled, require Medicaid to work, be receiving Social Security Income or meet specific financial requirements.
There are many different eligibility factors that need consideration when applying for Medicaid. Among other stipulations, the Medicaid program has set strict asset limitations in order for an applicant to qualify. The asset limits differ depending on whether the applicant is single or married. Medicaid Asset Limits for an Unmarried Applicant. A single individual applying for Medicaid is allowed $2,000 in non-exempt assets. Non-exempt assets include mostly cash and savings. Medicaid Asset Limits for a Married Couple. A married couple applying for Medicaid is allowed $3,000 in non-exempt assets. Exempt Assets. Exempt assets are assets that Medicaid is not allowed to consider when determining an applicantâs eligibility. These assets have absolutely no limitation, as legally, Medicaid cannot look at them.