Do you still get medicaid if you make over the income limit, but you're spending all of it on long term care?
I read that in my state there's like an income limit of 16k/year to qualify for medicaid...
what if you make over that,
but a nursing home can cost 100k/year,
if you make 40k, but you're spending all of it ---- do you still get medicaid to pay for the rest of it?
- StephenWeinsteinLv 72 months agoFavorite Answer
Yes, but only after you first use up (spend down) all of the assets that you already have.
- Anonymous2 months ago
I don't know where you live but my wife was in a very good long term care facility and it cost about $40,000 a year.
- EvaLv 72 months ago
Depends on what other assets you have. You are expected to exhaust most of your other resources to pay for your care. Once those are gone, you may qualify. There's a 5 year look back period where they examine your bank records to see who you may have given money/assets to during that time. They treat those transfers as if they never existed and it adds to the waiting period for medicaid to kick in. Get assistance from the social worker at the nursing home or your local office for aging.
- STEVEN FLv 72 months ago
If you are OLD enough for a nursing home, you don't get MEDICAID at all. You would have switched to MEDICARE. In addition, if you need a nursing home, you CAN'T be earning $40,000/year.
Update to comment: Regardless of what Medicare covers, once you are old enough to qualify, you DON'T qualify for Medicaid. Your comment is LESS informed than you claim my answer is.
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- Ron AkiaLv 62 months ago
It uses your Adjusted Gross Income, thus you could be eligible unless your assets are too high.
- curtisports2Lv 72 months ago
If you are spending for your own long-term nursing care, you assign your income to the state, minus a small allowance for personal needs, and the state, through Medicaid, assumes the cost of your care. This is how people stay in nursing homes when their lifetime savings run out. Any pension and Social Security income they have is assigned to the state. Medicaid, while federal, is run individually in every state, and in some states, the assignment of income may be made directly to the care facility, with the state paying the facility for the balance of the cost.
If you are spending all of your income to pay for someone else's care, no, you don't qualify for Medicaid. You are making a choice to do that.
- rustbucketLv 62 months ago
That's what family is for taking care of family not the government paying for it.
- A HunchLv 72 months ago
Based on your other questions, you don't live in the USA. Is "my state" the state of delusion?
What kind of person has $40K in earned income but lives in a nursing home?
- SlickterpLv 72 months ago
You still do not qualify for medicaid. I don't see how you would be in a nursing home and also making 40K a year anyway.