Medicaid Qualification

Medicaid will pay for care once you qualify, but that care must generally be in a nursing home. In most instances, Medicaid will not pay for care at home or in an assisted living facility.

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Asset Spend Down

Income Allowance

Information shown is current for 2009. This is information is not intended as legal advice. Please consult a licensed elder law attorney

Countable Assets

Cash
Stocks
Bonds
All general investments
All qualified plans if retired
Deferred annuities, if not annuitized
Life insurance with cash surrender value if death benefit exceeds $1,500
Vacation property
Investment property

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