What is a Medicaid spend-down plan?

A Medicaid Spend-Down plan is a way for some Arkansas residents to qualify for Medicaid even if their income is too high for normal Medicaid eligibility criteria. The program is designed for individuals and families who have high medical expenses that they can use to reduce their income so it meets Medicaid qualification guidelines. The way it works is that a person or family can subtract certain medical expenses or bills from their income each month. This lowers the overall income and makes them eligible for Medicaid. For example, if a person or family has an income of $800 and medical expenses of $400 a month, the income is reduced to $400, making it low enough to qualify for Medicaid. There are certain rules and guidelines when it comes to the Spend-Down program, and it is important for residents to understand these before they apply for Medicaid. They should make sure they understand any fees or deductibles, and how much of the medical expenses can be subtracted from their income. It is also important to make sure all documents are kept up to date and that all information given is accurate and up to date. Arkansas residents who are interested in learning more about the Medicaid Spend-Down program should contact their local Medicaid office for more information.

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