The supporting documents for your Medicaid application require just as much attention as the application,itself. Not knowing exactly what to include or how to give accurate explanations could result in a delay in Medicaid eligibility or even a denial of the whole application.
In this Elder Law Minute video, part of the Medicaid Application Process series, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses the Medicaid application and why the supporting documents are so important.
Medicaid Supporting Documents: The application is just the start
Hi, I’m Wes Coulson and this is your Elder Law Minute, continuing our series on the Medicaid Application Process.
A lot of times, people will fill out the Medicaid application, say, “You know, that was pretty tough,” send it in, “Whew, made it past that.” “Boy, I’m happy to be past that.” Then they get the request for supporting documents. Let me tell you that, typically, the set of supporting documents they ask for tends to fill at least one large envelope, sometimes two. They typically want, particularly in Illinois, to see every record of every bank account you or, if you’re married, your spouse have now. Anything that you have closed within five years, same thing with investment accounts, every check you’ve issued within the last five years for $1,000, or more.
In other words, an awful lot of stuff. And again, the same thing I’ve said with regard to the application, if you don’t know why they’re asking for this, if you don’t know that unless you give a good explanation you may have problems. You are falling into a trap that could well result in the denial of the application or a delay in eligibility. Moral of the story, once again, you really benefit from legal help. Thanks.
For more about Medicaid and the application process, visit these articles:
- What you don’t know can hurt you: Understanding the Medicaid application process
- Understanding the Medicaid “Look-Back” and “Transfer Penalty” Rules
- The Basics of Medicaid: What you can and cannot keep
Coulson Elder Law is dedicated to providing families in the St. Louis area with their Elder Law needs. Our practice areas include Asset Preservation Planning, Veterans Benefits, Medicaid Eligibility, Alzheimer’s Planning, Special Needs Planning, Estate Planning and more. We understand the financial challenges you may face as you and your loved ones grow older. At Coulson Elder Law, our clients’ well-being is our number one priority. For immediate help, call (877)995-6876 or Contact Us and we will get in touch as soon as possible.