What is a Medicaid spend-down plan?

A Medicaid spend down plan is a way for a person to become eligible for Medicaid in the state of Kansas. The Medicaid spend down plan allows an individual to qualify based on their income and assets, while still receiving needed medical care. The Medicaid spend down plan works by requiring individuals to reduce their income or assets to a level that will qualify them for Medicaid benefits. The individual will pay out-of-pocket for any medical expenses they incur up to a certain amount, or "spend down" that amount. Once the person has paid down to the required level, the person can then qualify for Medicaid benefits for all remaining medical expenses. There are a few important points to remember while considering the Medicaid spend down plan. First, the individual must enroll in Medicaid in order to qualify for the spend down plan. Second, the individual must meet the income and asset requirements for Medicaid. Third, the individual must pay all medical costs up to the required level before being eligible for Medicaid coverage. Finally, the individual must renew their Medicaid coverage every year in order to continue receiving Medicaid benefits. Overall, the Medicaid spend down plan is an important option for individuals who need medical care but do not qualify for Medicaid in Kansas. It allows individuals to receive the medical care they need, while still meeting the requirements that Medicaid requires for eligibility.

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