It's Time to Get the Benefits You Deserve
Suze Orman shares how to get disability benefits in less time—with no out-of-pocket costs
Suze Orman, #1 New York Times Bestselling author on Personal Finance
Folks without Medicare or private health insurance may be able to get on Medicaid, which helps pay medical costs for financially needy people. If you have a low income and few assets other than your home, you may qualify for assistance from your state’s Medicaid program. Medicaid will pay for doctor visits, hospital costs, and long-term nursing home care.
If you have too high an income or too many assets to be eligible for Medicaid, you may still qualify for one of several Medicaid-administered programs to help you meet medical costs: Qualified Medicare Beneficiary (QMB), Specified Low-Income Medicare Beneficiary (SLMB), or Qualifying Individual (QI).
If you're on Medicare, you know that Medicare pays for only about half of a person's medical costs. If you can't afford medigap insurance or a Medicare Advantage plan, Medicaid can pay for Medicare premiums, deductibles, and copayments, and it also covers some services Medicare does not.