Virgin Islands Medicaid Long Term Care Handbook, Planner, and State Resource Guide

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US-005HB
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Description

Saving enough to retire comfortable and leave a legacy to your loved ones requires sound investment and planning. However, many overlook what could be their most costly expense related to aging: paying for long term care. Long term care is expensive whether you receive care in a nursing home, assisted living facility, or in your home. Many people do not have the resources to pay for long term care, including individuals who did well for themselves in their working years. This leaves Medicaid as the only viable option many have to pay for their long term care needs.

Medicaid qualified individuals can receive care: in a traditional nursing home; in a hospice; in their home through a Home and Community Based Services (HCBS) Waiver; through a Program of All Inclusive Care for the Elderly (PACE); or through long term care insurance purchased through a state insurance partnership if you live in New York, Connecticut, Indiana, or California.

This is an excellent guide to help you understand Medicaid, the benefits it provides for long term care, and who may qualify. The guide also contains tips and strategies to help you with your long term care planning, a planner to help you estimate your eligibility, and a state resource guide with state .gov websites, addresses and telephone numbers.

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  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide
  • Preview Medicaid Long Term Care Handbook, Planner, and State Resource Guide

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FAQ

Authorized by Title XIX of the Social Security Act, Medicaid was signed into law in 1965 alongside Medicare. All states, the District of Columbia, and the U.S. territories have Medicaid programs designed to provide health coverage for low-income people.

Travel within the U.S. If you have Original Medicare, you have coverage anywhere in the U.S. and its territories. This includes all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands. Most doctors and hospitals take Original Medicare.

The United States Virgin Islands Medicaid delivery system is a subset of the larger public government healthcare delivery system for most of the island's population. The United States Virgin Islands Department of Human Services is the single state agency.

This program, known as Medicaid, became law in 1965 as a cooperative venture jointly funded by the federal and state governments (including the District of Columbia and the territories) to assist states in furnishing medical assistance to eligible needy persons.

When Medicaid expansion first took effect in 2014, it was only available in 26 states and DC. In the ensuing years, there has been a slow but steady increase in the number of states implementing Medicaid expansion. As of early 2023, Medicaid had been expanded in 38 states and the District of Columbia (see list below).

Prior research found that Medicaid expansion has improved the financial performance of hospitals and other providers, though these effects may vary somewhat by hospital type. Studies show that expansion contributed to increased hospital revenue overall and from specific services.

Medicaid is a joint state-federal program. Its purpose is to provide health care to individuals who have low incomes, including persons who are blind or disabled. States, territories, and the District of Columbia must meet certain requirements to receive matching funds from the federal government to participate.

Specific Pennsylvania Medicaid Programs Pennsylvania law requires that the state Medicaid program pay for nursing home care for all residents, regardless of their length of residency, if there is a medical need and the program's financial criteria is met.

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Virgin Islands Medicaid Long Term Care Handbook, Planner, and State Resource Guide