5/24/22, 10:49 AM
Having Medicaid and Private Insurance | Hazen Mirts | Founder of Enrollment First, LLC
a Having Medicaid and Private Insurance by Hazen Mirts | May 24, 2022 | Enrollment First, Hazen Mirts, Health & Wellbeing
It can be confusing trying to figure out if you are eligible for Medicaid and whether or not you can have private insurance as well. Many people assume that they cannot have both, but this is not always the case. In this article, we will break down things you need to know about Medicaid and private insurance. We will also explain how the two programs work together in some cases. So, if you are wondering if you should apply for Medicaid even if you already have private health insurance, keep reading!
Can you have both Medicaid and private insurance? https://hazenmirts.co/having-medicaid-and-private-insurance/
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5/24/22, 10:49 AM
Having Medicaid and Private Insurance | Hazen Mirts | Founder of Enrollment First, LLC
Yes, in some cases, you can have both Medicaid and private insurance. This is called being “dually eligible” for Medicaid and private insurance.
What are the benefits of having both Medicaid and private insurance? There are several benefits of having both Medicaid and private insurance. First, if you are dually eligible for Medicaid and private insurance, you will have a wider range of health care providers to choose from. This is because Medicaid providers are required to accept all dually eligible patients, regardless of which type of insurance they have. Second, if you are dually eligible for Medicaid and private insurance, you will have two sets of coverage rules to choose from. This means that you can pick the coverage that best meets your needs. Third, if you are dually eligible for Medicaid and private insurance, you will have two sets of copayments and deductibles to choose from. This means that you can pick the option that is more affordable for you. Fourth, if you are dually eligible for Medicaid and private insurance, you may be able to get help paying your premiums from Medicaid. Lastly, if you are dually eligible for Medicaid and private insurance, you will have the peace of mind of knowing that you have coverage in case you lose your job or have another change in your life that affects your income.
What are the drawbacks of having both Medicaid and private insurance? There are a few drawbacks to having both Medicaid and private insurance. First, if you are dually eligible for Medicaid and private insurance, you will need to keep track of two sets of ID numbers, copayments, and deductibles. This can be confusing and time-consuming. https://hazenmirts.co/having-medicaid-and-private-insurance/
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5/24/22, 10:49 AM
Having Medicaid and Private Insurance | Hazen Mirts | Founder of Enrollment First, LLC
Second, if you are dually eligible for Medicaid and private insurance, your health care providers may not be familiar with both types of coverage. This can lead to problems getting the care you need. Third, if you are dually eligible for Medicaid and private insurance, you may have to pay more out-of-pocket costs than you would if you had only one type of coverage. Fourth, if you are dually eligible for Medicaid and private insurance, you may be responsible for coordinating your care between two different sets of health care providers. This can be difficult to do. Lastly, if you are dually eligible for Medicaid and private insurance, your coverage may change if there are changes to either program. For example, if Medicaid cuts its benefits, your coverage will be reduced as well. Despite the drawbacks, having both Medicaid and private insurance can be a good way to get the coverage you need. If you are dually eligible, be sure to talk to your health care providers and insurers about how to make the most of your coverage.
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5/24/22, 10:49 AM
Having Medicaid and Private Insurance | Hazen Mirts | Founder of Enrollment First, LLC
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