Medicare & Medicaid Insurance
Did you know that you could qualify for both?
Get expert help from Fika Insurance Group, headquartered in Greenwood, South Carolina, to better understand your Medicare and Medicaid insurance benefits.
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Mandatory Covered Services
Medicaid offers a range of mandatory covered services to help those with limited income get the care they need. Here are some of the key services provided:
- ✓ Home Healthcare: For eligible beneficiaries.
- ✓ Hospital Services: Both outpatient and inpatient care.
- ✓ X-ray and Laboratory Services: Essential diagnostic services.
- ✓ Nursing Facility Services: For individuals 21 years of age and older.
Each state has its own standards for eligibility, which can depend on various factors such as:
- Age
- Income
- Citizenship
- Disability Status
To see if you qualify, you will need to check your state's specific requirements. state’s particular requirements.
If you find yourself having trouble paying your medical care expenses and you qualify, it may be time to consider enrolling in your state’s Medicaid program. If you are on Medicare and find it difficult to afford your medical bills, you may also qualify for Medicaid.
Clients Nationwide
Serving Multiple States
At Fika Insurance Group, headquartered in Greenwood, South Carolina, and serving South Carolina, Georgia, and other states, we’re here to help you navigate the complexities of Medicaid and Medicare. Contact us for expert guidance and support.
Frequently Asked Questions!
There are several things that differentiate these two programs; however, one of the most significant differences is who administers each program. Original Medicare (Part A and Part B) is solely the responsibility of the United States federal government. At the same time, Medicaid programs are operated by both the federal government and each state, respectively.
- Medicare: This is a federal program that provides health coverage if you are 65 or older or under 65 and have a disability, no matter your income.
- Medicaid: This is an assistance program for individuals and families with limited income and resources. Medicaid is run jointly by federal and state governments, and eligibility varies by state.
Medicaid is an assistance program. It is for anyone eligible under the state guideline, usually based on a person's income and overall resources. This generally means that individuals on Medicaid do not usually pay for medical services covered under the program.
The simple answer to this question is yes. Medicare beneficiaries can be enrolled in their state’s Medicaid program if deemed dual-eligible. If you believe that this applies to you, the professionals at Fika Insurance Group can help you determine whether you qualify for both and can help you enroll in a plan that fits your needs.
For low-income individuals on Medicare, Medicaid will cover some additional types of prescription medications and other kinds of care. It is also important to note that, for those who have dual Medicare and Medicaid status, a considerable amount of your healthcare expenses would most likely be covered at little to no cost. Additionally, in some cases, depending on the situation, Medicaid will enroll you into a Medicare Savings Program (MSP), which will cover various other costs, including Medicare Part B premiums and Medicare Part A deductibles, co-insurance, and co-payments.
Contact Us for Assistance
At Fika Insurance Group, headquartered in Greenwood, South Carolina, and serving South Carolina, Georgia, and other states, we’re here to help you understand your options and ensure you receive the coverage you need.
How Can I Get Medicaid & Medicare?
Whether you are looking to determine your eligibility for Medicare, Medicaid, or both, the team of dedicated insurance professionals at Fika Insurance Group is here to assist you from start to finish. By answering just a few short questions, we can help you verify what coverage fits your individual needs.
4 Kinds of Medicare Savings Programs
-
Qualified Medicare Beneficiary (QMB) Program:
Helps pay for Part A and Part B premiums, deductibles, co-insurance, and co-payments.
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Specified Low-Income Medicare Beneficiary (SLMB) Program:
Helps pay for Part B premiums only.
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Qualifying Individual (QI) Program:
Helps pay for Part B premiums, available on a first-come, first-served basis and must be applied for each year.
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Qualified Disabled and Working Individuals (QDWI) Program:
Helps pay for Part A premiums for certain disabled individuals who are working.
Need Help?
Fika Insurance Group, headquartered in Greenwood, South Carolina, and serving South Carolina, Georgia, and other states, is here to help you navigate the complexities of Medicare and Medicaid. Contact us today to find out more about your eligibility and options.
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