Are there any public programs that assist with LTC?
Yes. Medicaid provides some assistance with LTC under certain circumstances. Medicaid is a public health insurance program funded by the federal and state government. It provides health and LTC services for eligible low-income individuals. People qualify for Medicaid by meeting financial standards based on family income and size. Those covered include children, pregnant women, or individuals who are elderly or who have disabilities. The Colorado Department of Health Care Policy & Financing administers the Colorado Medicaid program. (www.chcpf.state.co.us) • Medicaid Eligibility • Medicaid eligibility is determined on a individual basis. • Medicaid eligibility determinations are completed by the applicant’s local county department of social/human services. • Medicaid eligibility has financial and non-financial requirements. • Financial requirements include evaluation of both income and resources (assets). To qualify for Medicaid LTC, you can have up to $2,000 in resources not counting c
