InterActive Planning gives you the ability to ask questions, and receive plain English responses.
Click the arrow to your right for a selection of topics. Begin by telling us your need and then we can work, together, on taking your first step.
Medicaid is the government program providing health insurance to millions of Americans. Learn about different Medicaid programs, including those which pay for long term care costs, how to qualify, and how to protect assets in order to qualify.
Unsure of how we can assist you? Let us gather some information from you and provide guidance on where you may need help.
Do you need information about Medicare and how it can affect other benefits such as Medicaid?
Click to find out how we can help.
Everyone should have a comprehensive plan that makes plans for their death or disability.
Long term care is care for chronic illness. Learn about what health conditions qualify as chronic illness, what types of care are available, and consider methods for payment for this often expensive health care need.
Many service members, and their surviving spouses, may be eligible for additional income from the Dept of Veterans Affairs. In many cases, as little as 90 days on active duty is needed for qualification. Learn more about pension benefits which may be available.
Medicaid can provide you or your loved ones benefits in case of unexpected Long Term Care costs.
InterActive Planning can assist you in your path to qualification by providing you with answers to your questions regarding the program, the benefits you’ll receive, and steps to achieve eligibility.
Let us begin by asking some questions about your current situation:
Does the person who is qualifying for Medicaid have an immediate care need?
Which of the following avenues of care is the person qualifying for Medicaid interested in?
Does the person who is qualifying for Medicaid wish to protect their assets while planning for Medicaid or Veteran’s Aid & Attendance?
Does your state have a waiver program? (Ask Watson)
Is the income of the person qualifying for Medicaid below your state’s income cap? (Ask Watson)
Is the person qualifying for Medicaid a Veteran?
Veterans Aid & Attendance
The person qualifying for Medicaid may qualify for Veteran’s pension (Aid & Attendance).
Please make sure to ask Watson questions like the below:
If you get stuck or have further questions, please be sure to contact our Concierge Long Term Care Planning representative by clicking the link at the top of the page.
In order to receive home health or assisted living care at this time, it is likely you will need to privately pay. You may still be able to receive nursing home care at a reduced rate. If interested, please click ‘Start Over’ and indicate that you are interested in nursing home care.
As in all cases, you should have a competent estate plan for your future. Be sure to ask Watson ‘What do I need to have a good estate plan?’
Medicaid Countable and Non-Countable Assets and the Community Spouse Resource Allowance
You should familiarize yourself with the following terms and how they will impact your eligibility for Medicaid:
Home Health Care
Does your state have a community based Medicaid program? (Ask Watson)
Nursing Home Care
Is the person qualifying for Medicaid married?
Does the person have more than $119,200 in belongings or assets?
Does the person have more than $2,000 in belongings or assets?
How is the Community Spouse Resource Allowance calculated in your state? (Ask Watson)
You May Already Be Eligible
According to your answers, you may already be eligible for Medicaid. Take a look at HealthCare.gov’s Screener program. It may assist you in apply for Medicaid.
Our site may still answer some of your questions about the program. Be sure to ask:
What does Medicaid cover?
Why should I have an estate plan?
Even if you aren’t in immediate need for health care assistance, it is important to plan for your future. You should ask Watson about the following topics:
General Medicaid & Irrevocable Trusts
Even if you aren’t in immediate need for health care assistance, it is important to plan for not just qualifying for Medicaid but also your estate. You should ask Watson about the following topics:
We can help you find out where to start.
Let’s take a short quiz to determine what topic we should assist you on.
Is everyone elgibile for Medicaid once they reach a certain age?
Medicaid replaces your current health insurance:
Medicaid programs include
Eligibility for Medicaid:
A general durable power of attorney:
A revocable trust:
Everyone needs an estate plan:
Medicare provides people over the age of 65 with affordable Medical insurance.
InterActive Planning can assist you in seeking Medicare qualification by answering questions regarding the program’s requirements and providing both access to live Planning resources as well as referrals to top Legal counsel.
Everyone needs an estate plan, but not everyone understands why.
InterActive Planning can assist you in preparing an estate plan by providing answers to common questions regarding legal estate planning documents as well as by providing referrals to the countries top estate planners.
Long Term Care can be both unexpected and costly without the proper guidance.
InterActive Planning can assist you in dealing with planning for Long Term Care by providing information on benefit options which may reduce the payment burden.
We also provide live assistance in planning for Long Term Care benefit qualification as well as referrals to top Legal counsel.
Many service members, and their surviving spouses, may be eligible for additional tax-free income to help pay for care for chronic illnesses. In many cases, as little as 90 days on active duty is needed for qualification. Learn more about pension benefits which may be available.
Type your question for Watson here
Make sure it is a complete sentence and specific to your need. For example, "How do I apply for Medicaid?" instead of "How do I apply?"
Financing your long term care planning can be extremely time consuming and difficult without professional or para-professional assistance.
When deciding how to prepare for care, be sure to understand answers to the following questions:
If you know and understand all the ways your long term care can be paid for, you are ready to begin strategizing how you will manage your assets and income in order to meet the financial tests of government benefit programs.
As with all government assistance programs, there are rules that govern your eligibility.
For Medicaid, there are both National rules and State specific rules. These are the topics that you should familiarize yourself with when planning for Medicaid eligibility:
Spousal Impoverishment Protection: If you are married, there exists rules offering financial protection to your spouse. Ask Watson, and understand the answers to:
Transfer Penalties: Many strategies around qualifying for Medicaid involve giving your assets away. However, specific transfers can incur a penalty. Make sure to Ask Watson these following questions:
If you know and understand the rules and strategies that will likely impact the decisions you make while you become eligible for your benefit program, you should begin to analyze your financial situation
Ask Watson questions like:
In addition to reviewing your asset value and financial situation, you should spend time reviewing your income, both current and future.
You should also know about how you may allocate income to your monthly needs:
InterActive Planning will answer questions relating to Estate Planning, Medicare, Medicaid, Veterans Benefits and related topics.
Use these boxes if you aren't sure where to start.
How Can InterActive Planning Help Me?