As the budget debate rages on in Washington, it’s becoming clear that Medicaid will be coming under the knife. During the National Governor’s Association (NGA) annual meeting last July, governors of both parties said they are “most worried that both President Obama and Congressional Republicans wanted to cut Medicaid payments to the states by $100 billion over the next decade.” …

With Chris Orestis, President, Medicaid Funding Group Q: Does ownership of a life insurance policy count against an applicant for Medicaid eligibility? A: A life insurance policy is legally recognized as an asset of the policy owner and it counts against them when qualifying for Medicaid. If a policy has anything more than a minimal amount of cash value (usually …

What is Medicaid? Medicaid is health insurance that helps many people who can’t afford medical care pay for some or all of their medical bills. Medicaid is available only to people with limited income. You must meet certain requirements in order to be eligible for Medicaid. Who qualifies for Medicaid? Many groups of people are covered by Medicaid. Even within these …