Share of Cost
ShareOfCost.com
Share of Cost Spend Down Dental Insurance Plans
These supplemental monthly
insurance plans help bring down your countable income allowing you
to qualify for state assistance without joining a Share of Cost
program.
Share of Cost (SOC)
Call us today.
Phone:
310-534-3444
Monday-Friday 8am-4pm (PST)
is the amount of money a person must pay or incur in medical services
in a given month before receiving Medi-Cal benefits. A share of cost
is like an insurance deductible. People on Medi-Cal with a share of
cost must meet the resource limits for Medi-Cal ($2,000 for an
individual and $3,000 for a couple) but may have incomes above the
monthly income limits.
If your monthly income is higher
than the limits to qualify for SSI or the A&D FPL program (see
above), but you meet the asset-level requirements, you may still be
eligible for Medi-Cal with a share of cost (SOC). An SOC functions
like a deductible. You must pay this amount in any month you incur
medical costs. After your SOC is paid, Medi-Cal will pay the
remaining amount of your medical bills for that month. A share of cost can be
met by paying a monthly Share of Cost Spend
Down is the amount a beneficiary has to spend for medical care
before Medi-Cal will begin to pay. The term “spenddown” is also used
to describe spending down of excess countable resources ($2,000 for
an individual and $3,000 for a couple) in order to qualify for Medi-Cal.
See our Facebook
page
Facebook.com/share.ofcost Share of cost program, spend down
online affordable insurance plan quotes. How is share of cost
determined, who is eligible, what does it cost.
These supplemental monthly insurance plans help bring down your countable income allowing you to qualify for state assistance without joining a Share of Cost program.
Share of Cost (SOC) Call us today.
Phone:
310-534-3444
Monday-Friday 8am-4pm (PST)
is the amount of money a person must pay or incur in medical services
in a given month before receiving Medi-Cal benefits. A share of cost
is like an insurance deductible. People on Medi-Cal with a share of
cost must meet the resource limits for Medi-Cal ($2,000 for an
individual and $3,000 for a couple) but may have incomes above the
monthly income limits. If your monthly income is higher than the limits to qualify for SSI or the A&D FPL program (see above), but you meet the asset-level requirements, you may still be eligible for Medi-Cal with a share of cost (SOC). An SOC functions like a deductible. You must pay this amount in any month you incur medical costs. After your SOC is paid, Medi-Cal will pay the remaining amount of your medical bills for that month. A share of cost can be met by paying a monthly Share of Cost Spend Down is the amount a beneficiary has to spend for medical care before Medi-Cal will begin to pay. The term “spenddown” is also used to describe spending down of excess countable resources ($2,000 for an individual and $3,000 for a couple) in order to qualify for Medi-Cal.
See our Facebook page Facebook.com/share.ofcost Share of cost program, spend down online affordable insurance plan quotes. How is share of cost determined, who is eligible, what does it cost.