5 Things You Might Not Know About Medicaid
Medicaid, like many government programs, can carry a lot of mystery. The process itself can be challenging without help from someone well-versed in the Medicaid application process, and there can be many questions without a clear way to get answers.
Luckily, we’re here to answer those questions! Moreover, we’re here to help you navigate the Medicaid application process to ensure you get the best coverage possible. We thought we’d highlight some little-known facts about Medicaid, but feel free to reach out to us with any questions about the program or process.
1 in 5 Americans Take Advantage of Medicaid
Medicaid is an extremely popular program. This statistic means that Medicaid facilities a fifth of all personal healthcare spending in the United States. Ultimately, the program is meant to limit the cost of long-term healthcare, nursing home care, and even if that care is expensive and/or complicated.
Medicaid is the backbone of the health and wellness of many Americans. As a U.S. citizen, it’s your right to take advantage of this program if you need it; are you eligible for Medicaid?
Americans on Medicaid Have a Higher Access to Care
Sadly, many Americans live out their lives uninsured. Ultimately, this means that their access to care is limited or even non-existent. When you have no access to even basic healthcare, health problems that many see as trivial can become a major problem.
Medicaid gives you direct, easy access to health care. Statistically, those that are on Medicaid seek care more often and thus receive more robust and better care than those without it. When you have Medicaid, you’re not afraid to walk into a hospital. For eligible individuals Medicaid covers nursing home care.
Medicaid is the Third-Largest Domestic Program in the Federal Budget
Medicaid is a big deal. Because it impacts so many Americans, a lot is invested in the program. So much money is invested in Medicaid that it’s consistently the third-largest domestic program in the federal budget, only behind social security and Medicare.
What does this mean to you? There are plenty of resources available within the Medicaid program and it’s your right to take advantage of them. Don’t let the Medicaid application process intimidate you; we’re here to help you.
Seniors Make Up 1 in 4 Beneficiaries of Medicaid
Senior citizens are well-represented within the Medicaid program, and for good reason. Many of our elderly simply lack the resources and money to continue their care after retirement, especially if that care becomes more complex and costly.
Much of the Medicaid program is structured precisely to assist our uninsured elderly have a high quality of life. Without it, we’d be abandoning Americans when they need us the most.
Most Americans Support the Medicaid Program
There is nothing controversial about Medicaid. An overwhelming majority of Americans support the program. Many of us have had family members who have taken advantage of the program. Not only is Medicaid an essential component of the American healthcare system, but it gives excellent care to those of us who need it most. Find out more about Medicaid eligibility.
Do you or a family member need Medicaid? Are you intimidated by the application process?