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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