What documents does Medicaid ask for from an applicant?
What documents does Medicaid require to show level of income and assets to apply for assistance in the state of Washington?
Medicaid is a government financial assistance program intended for certain people, including seniors, with low income and assets. Because Medicaid considers total income from any source and total assets of all types, it will ask you for almost every type of financial information. This includes your income of any sort, all your bank accounts, retirement funds, pensions, insurance, annuities, and any physical property such as vehicles. It also asks for information about anyone who regularly helps provide you with support, including food and housing.
Medicaid also asks about any transfer of funds, property or other assets you've made within the previous five years. This is to determine whether you've tried to 'hide' an asset or income by transferring it out of your name.
In your initial application, Medicaid doesn't necessarily ask you to provide documents that back up this information. But it can ask for such documents at any time in the application process. Also, it will have your Social Security number and has the legal authority to use it to check on your financial records. To see the form the State of Washington uses for Medicaid application, check the web site of the State of Washington Department of Social and Health Services .
I understand why they need the information but two things boggle my mind. 1) they have access to ssn so why does the applicant have to bother with mountains of paperwork and 2) why does a person have to go completely broke and leave nothing for anyone just to qualify for aid? Most people that end up needing Medicaid are likely middle class in an Alz type situation. The rich people have no reason to bother with it. Lower income people probably already qualify. It seems like another way to punish someone for having just enough to get along but not enough to endure a horrendous disease that requires lots of care. Just my two cents worth.
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