The Michigan Department of Health and Human Services is proposing a policy change that would raise the asset limit for Medicaid qualifications for the first time in half a century. Currently, the limit is around $2,000 for individuals and just over $3,000 for couples. However, starting in February, the asset limit will increase to over $9,000 for individuals and over $14,000 for couples, impacting programs like the Program of All-Inclusive Care for the Elderly (PACE). This Medicaid- and Medicare-funded program provides health care for seniors 55 and older. Sarah Milanowski, enrollment and marketing manager for Life Circles PACE, believes this increase in funding will greatly relieve the financial burden on patients. She speaks from her experience as a geriatric social worker, where she witnessed firsthand the relief on people’s faces when they found out they were eligible for long-term care Medicaid. By tapping into funds that individuals have paid into their entire lives, PACE can make a significant difference in the lives of many seniors. For more information about PACE and their programs in West Michigan, visit their website.
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