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September 06, 2010

medicaid planning | asset protection strategies | applying for medicaid | faqs

The Medicaid application process is cumbersome and tedious. Every fact in the application must be verified with corresponding documentation. Many people attempting to do applications on their own find the process can take several months to complete as the Medicaid agency demands additional verifications of amounts of assets, dates of transfers and other documentation.

     

We process hundreds of applications annually for private clients and nursing homes. We know exactly what documentation is needed and we ensure that all applications are processed and approved in a timely manner. In 2002, our average turnaround time for all Medicaid applications was approximately 35 days. Our approval rate is 100%.

The process starts by scheduling a 1-2 hour meeting at our client's home or office to review the Medicaid documentation checklist. We review the applicant’s current financial status to determine if there are any additional opportunities for spend down or to preserve any additional assets. We review very carefully all of the documentation requirements and assist our clients with securing any missing documentation, as necessary. Approximately 1-2 weeks after the initial meeting a second meeting is scheduled to complete the actual application and review all of the documents that have been copied and submitted by the client.

We are also very careful about not submitting an application to the Medicaid agency until most; if not all of the necessary documents are enclosed. From experience, we have learned that while this may delay submission on the front end, we can assure a much quicker turnaround by minimizing or eliminating information request letters from the Medicaid agency.

We take care of the entire process from end to end. Acting as our client’s authorized representatives, we maintain close contact with the caseworker handling the application. We monitor each case on a weekly basis and only call our clients to request additional information as needed. Once the application is approved, we do a follow-up call with our clients to make sure they received a copy of the formal approval letter from the Medicaid agency. At the same time we answer any additional questions and review certain follow-up requirements that may need to be completed within 90 days of the approval date.

For more information about assistance with Medicaid applications,
please call the office or send an e-mail.