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Home / Medicaid Planning / Facts and Figures Associated with Wisconsin Medicaid

Facts and Figures Associated with Wisconsin Medicaid

Stephanie Thompson, Estate Planning Attorney of Krueger Hernandez & Thompson SC · Jul 17, 2016 ·

dhs-logoWhen it comes to the Wisconsin Medicaid program, there is a lot that you need to know. At our law firm, we understand that many people do not have a solid grasp on the Medicaid system, including where they fit in.

There is no denying the benefits associated with Medicaid, but unfortunately some people have yet to separate fact from fiction. They don’t know right from wrong, meaning they could be making a mistake that holds them back.

Before we get into the finer details of the Wisconsin Medicaid system, here is something you need to know: asset protection is extremely important. Here is what we have to say about this on our website:

When it comes to Medicaid asset protection, when a law changes so does your approach. For example, the recent passing of the Deficit Reduction Act has impacted some of the strategies that were used in the past.

Fortunately, there are still options to consider including:

  • Paying for certain Medicaid expenses
  • Setting up an irrevocable living trust
  • Making gifts to family members

Details of the Wisconsin Medicaid Program

The Wisconsin Department of Health Services website shares a variety of information on the state’s ForwardHealth Medicaid plans for the elderly, blind or disabled individuals. It noes that plans provide health care for people who are:

  • Age 65 or older, disabled, or blind.
  • Those with a family income at or below the monthly program limit.
  • Those who are either a United States citizen or a legal immigrant.

What type of Medicaid plan are you eligible for? There is no easy answer to this question, as it depends largely on your assets, income, and the type of care that you require.

Other Things to Know

At this point, you have a better idea of what the Wisconsin Medicaid program is all about. But there is still more information you need to understand. For example, it is a good idea to become familiar with federal poverty level guidelines.

There are many programs to learn more about, as you may qualify for one of these:

  • Community Waivers
  • Emergency Services Plan
  • Family Care
  • Medicaid Deductible
  • Medicaid Purchase Plan
  • Medicare Savings Programs
  • Tuberculosis Related Services
  • Well Woman Medicaid Plan

With the Medicaid Deductible Program, for example, you will have access to plan that can help if you have high medical bills but your income is over the Medicaid program income limits.

How to Apply

If the time comes to apply for Medicaid or another type of program, the state of Wisconsin allows you to do so in several ways.

First off, and the most common option, you can do so online. By visiting ACCESS.wi.gov and clicking on “Apply for Benefits,” you will find yourself on the right track. Not only is this the fastest way to apply, but it is also the simplest.

You have a couple other options, if applying online does not suit your needs:

  • Apply by phone or in person.
  • Apply by mail.

What matters most is that you don’t delay in applying for benefits. When you realize the time has come, you need to move forward in an efficient manner.

With so much to think about, it is never a bad idea to learn more about the Wisconsin Medicaid program. This will ensure that you have sound knowledge of the system, as well as where you fit in.

Do you still need help? Are you wondering what comes next? We have many resources to provide assistance.

For example, you can download our report entitled “Fifteen Common Reasons To Do Estate Planning.” In this report, you will learn more about why you need to create an estate plan. This includes information on a variety of benefits, including how Medicaid could work in your favor in the future.

At this point, you should have more knowledge regarding the Wisconsin Medicaid program. You may not be in position to apply for benefits just yet, but you have a solid idea of where you stand and how you can get what you need in the future.

Don’t wait any longer to determine if you are eligible for Wisconsin Medicaid or one of the many other programs detailed above.

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Stephanie Thompson, Estate Planning Attorney of Krueger Hernandez & Thompson SC
Stephanie Thompson, Estate Planning Attorney of Krueger Hernandez & Thompson SC
As the owner of Krueger Hernandez & Thompson SC, it is Stephanie’s mission to address each client’s goals for their estate plan. By identifying their wishes and concerns she can educate, guide, and counsel on the different tools and options that will effectively and efficiently accomplish those goals.
Stephanie Thompson, Estate Planning Attorney of Krueger Hernandez & Thompson SC
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