What are Medicaid Savings Program - QMB // Elder Needs Law

[@jccomics1467]

Great video. My mother is on QMB and is about to sell her house, move to another city, and not use the cash to buy another house, but rather pay rent for an apartment. Does this cash from home sale disqualify her from QMB?

[@elderneedslaw]

Thank you! Yes, the sales proceeds can disqualify her. We can discuss how to protect the funds so she can sell the house, keep Medicaid, and still benefit from the proceeds.

[@thehamburglar11]

Great video - can you apply for all 3 savings programs to see which if any or you haven’t choose one and apply?

[@elderneedslaw]

Usually: higher level Florida Medicaid programs give you all the benefits of lower-level Medicaid programs. For example, if you apply (and qualify for) QMB, you get all the benefits of SLMB and QI-1 PLUS additional benefits that come with QMB. So, you wouldn't need to apply for multiple programs.

[@luke184lisa]

Great vid!

[@elderneedslaw]

Thank you for watching!

[@luke184lisa]

@@elderneedslaw You’re welcome friend.

[@ambrosia-qt9ts]

One of my meds was $6500 everytime (2 mos) añd l pay zero.

[@elderneedslaw]

Yes, this is one incredible way QMB can be an amazing program. Thank you for sharing!

[@bettyboop3206]

Does QMB put a lien against my home?

[@elderneedslaw]

To the extent that your home is your primary residence/homestead, they cannot put a lien on the home. However, non-homestead assets that go though probate can be subject to Medicaid-estate recovery. This is why its always a good idea to plan to avoid probate (e.g. via a lady bird deed or revocable trust).

[@akrammasood3480]

Hello sir, great video. I am trying to gift my homeless parents a house and my parents get Texas Medicaid QMB and medicare. What should be the maximum house value in Texas so they do not lose their QMB benefits ? Also does Medicaid estate recovery program try to seize the house of deceased QMB recipients who never lived in any nursing home or any other long term living facility ? Thanks

[@elderneedslaw]

So sorry, I am only licensed in Florida. For other states, check out www.naela.org (click find an elder law attorney)

[@ohioarn]

One concern is if you have Medicaid in addition to Medicare, there are MANY physicians that will not accept you as a patient. Is QMB part of Medicaid? Or is it a Medicare savings program?

[@elderneedslaw]

Hi Jeremiah - QMB is a Medicare Savings Program (which falls under the "Medicaid" rubric in Florida). To confuse you further :-) when on QMB you qualify for a D-SNP Medicare Advantage Plan (only available to those who qualify for both Medicare and Medicaid), which has huge marquee names (e.g. Humana, United, etc...) which usually have large PPO or HMO doctor network. In addition, by having QMB (and therefore being able to qualify for D-SNP) these plans have lots of "extras" like a more generous dental, vision or hearing benefit. D-SNPs also offer preloaded debit cards that can be used toward paying utilities or buying healthy foods or OTC supplements. You can read more about D-SNPs here: www.elderneedsinsurance.com/blog/dual-eligible-special-needs-plans-d-snp-a-primer

[@artsoto5459]

Hello, how much is your consultation? My mom just got approved for QMB, she has Medicare as well, does she have to call Medicare about her premiums? Or is it automatically done. Also, she would be interested in the D SNP, partly why I would need a consultation for her. She is on a extremely low budget, hopefully it’s not too expensive. Thanks

[@elderneedslaw]

Hi there - you may not need an attorney, you might want to reach out to the Medicare Advantage broker who helped you enroll in the D-SNP to make sure mom is not unnecessarily paying premiums when they should be covered.