wakemewhenitsover
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Mon Apr-14-08 07:18 PM
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If you need Medicaid, is it permitted to have supplemental insurance as well? |
skygazer
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Mon Apr-14-08 07:19 PM
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1. Probably depends on the state |
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Have you checked the web site for the program in your state? It may list the guidelines.
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wakemewhenitsover
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Mon Apr-14-08 07:38 PM
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3. Thanks for your answer. The state is California... |
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but I can't find anything on the website about it. Any ideas?
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Lil Missy
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Mon Apr-14-08 07:26 PM
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2. I am new to this disability coverage thing, but ... |
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My understanding is that Medicaid covers most everything, and to get extra coverage would amount to "double dipping", and making a profit.
I do think you could still get an indemnity policy, like so much per day if hospitalized.
I get Medicare now, and I know can get coverage for the co-ins. But I can't get major med, or anything that would allow me to make a "profit".
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wakemewhenitsover
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Mon Apr-14-08 07:39 PM
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4. Thanks! Any idea what an indemnity policy costs, and could you explain... |
Lil Missy
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Mon Apr-14-08 08:23 PM
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6. The cost of an indemnity policy depends on your age. |
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It's a policy that pays $100 day or more for hospitalization, depending on the option you choose. They usually pay double for Intensive care, or heart attack or cancer. I don't know your age - I'd guess between $20 to $40 a month depending on how old you are.
The thing is, an indemnity policy doesn't consider other insurance. It's money you can put in your pocket, or use for co-pays. You might also have a 6 to 12 month pre-existing period.
Hope this helps.
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GOPisEvil
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Mon Apr-14-08 08:15 PM
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5. You CAN have other insurance (at least you can in Texas). |
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However, that other insurance MUST be disclosed and will only pay what Medicaid does not cover.
My information is current as of 2005 for Texas. I no longer work for the agency that administers Medicaid in Texas.
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Midlodemocrat
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Tue Apr-15-08 08:03 AM
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