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forthemiddle

(1,379 posts)

13. Is there an asset maximum with Medicaid?

Reply to mrmpa (Original post)

Thu Sep 26, 2013, 05:00 PM

Sep 2013

My State isn't expanding it's Medicaid program, but for States that are is there still an asset maximum?

My parents are going through the paper work now for Medicaid for long term care for Mom, and I know that because there is a surviving spouse they do not count their home as an asset, but it is my understanding that Medicaid has a maximum cash asset of $50,000 to be eligible.
That means that for a single person who owns a home, they would not be eligible for Medical Assistance because they were "worth too much". Does that law apply for the expanded Medicaid for people in states that are participating?

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13 replies

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Highlight:

What no one is truly talking about in regard to the Health Care Law........ [View all] mrmpa Sep 2013 OP

I think the way it works is like this: Turbineguy Sep 2013 #1

There's no doubt that I will vote for every Democrat........... mrmpa Sep 2013 #2

There are out-of-pocket maximums on the plans synapticwave Sep 2013 #3

Right, this ends the "$200K of medical debt for pneumonia" problem Recursion Sep 2013 #5

True that on the deductible. Mine was $12,500 last month. Now I'm on Medicare!!!!! Scuba Sep 2013 #11

Did somebody put out this talking point today? This is the fifth thread that ignores... Recursion Sep 2013 #4

i think it is more that it is not clear questionseverything Sep 2013 #6

Here's a link synapticwave Sep 2013 #10

There is no mandate to provide you care. Only a mandate for you to pay. nt Romulox Sep 2013 #7

I'll be getting Medicare in a few months. Prior to that I was self pay uninsured NightWatcher Sep 2013 #8

Your mother does not have Medicare. She signed her Medicare rights Cleita Sep 2013 #9

Well, some of us have been talking about it. bvar22 Sep 2013 #12

Is there an asset maximum with Medicaid? forthemiddle Sep 2013 #13