Cincinnati Investment Planning and Other Videos

Why should I apply for Medicaid coverage?

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Why should I apply for Medicaid coverage?

Question: Why should I apply for Medicaid coverage?

Answer: You would want to apply for Medicaid coverage when you run out of money. The purpose of Medicaid is to provide for nursing home care in the event that you don’t have the money to pay for your nursing home care and that can be during your lifetime when you are young and have a medical problem that requires you to be admitted to a nursing home or it could be when you are elderly and you need nursing home care later in life.


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