All You Need to Know About Medicare, Medicaid/Medical
Use this booklet to understand how Medicare and Medicaid/MediCal programs work. Discover the difference between Medicare and MediCal. Find out who qualifies for MediCal and how much income and assets the well spouse may keep. Understand the tax and Medicaid/Medical difference in gifting rules. Use examples to help explain to your client how these programs work so you don’t make tax planning recommendations that may negatively impact eligibility.
