Car Insurance For Medicaid Recipients In Nj
The special automobile insurance policy saip is an initiative to help make limited auto insurance coverage available to drivers who are eligible for federal medicaid with hospitalization.
Car insurance for medicaid recipients in nj. Comparison shopping can help you find the best low car insurance rates. Check with your insurance company to see if you qualify for discounts. Medicaid allows a client on medicaid to own one vehicle which might be exempt from the 2 000 limit on assets. It s cheap for a reason it doesn t cover most basics you d see in a regular insurance policy.
Such drivers can obtain a medical coverage only policy at a cost of 365 a year. Njsaip nj dollar a day car insurance. Rates can be as low as 241 per year. Car insurance for welfare recipients low income car insurance is available in california hawaii and new jersey.
Virginia facing unexpected 462 million in additional medicaid dollar a day insurance get very car no deposit dollar a day car insurance new jersey get it with us today car insurance for ssi recipients dollar a day insurance nj saip autoinsurance. If you have saip you can expect the following coverage. Many people refer to the program as new jersey dollar a day insurance. The applicant must demonstrate enrollment in medicaid when the policy is first written and at each renewal.
Although not all medicaid recipients will be eligible for the assistance this is commonly thought of as medicaid car insurance in nj policies are available through most insurance agencies and the agent or producer will be able to determine eligibility from the number located on the motorist s medicaid id card. Will my policy be cancelled if my medicaid benefits are discontinued. Not all medicaid recipients will qualify for the program. Sign and date all documentation provided by the insurance representative.
To get started enter your zip code now. Many people mistakenly believed most nj residents could qualify. The identification number on the card will indicate whether a medicaid recipient qualifies for the saip. You can apply at a local nj office.
The policy will cost 365 for the year if paid in two installments or 360 in a single upfront payment. Exempt categories one through four a medicaid client owning an automobile may have the vehicle exempt from being counted as an asset subject to the 2 000 limitation on the total value of assets if the vehicle meets one of four requirements. New jersey s plan specifically gives medicaid recipients coverage for car accidents. This njsaip program is for special needs drivers who are medicaid eligible.
A saip policy covers treatment immediately following an accident and all treatment for acute injuries up to 250 000.