How do you Qualify for Medicaid?
Medicaid is a jointly-funded, Federal and State Welfare health care program for certain low-income and needy people. It covers approximately 36 million individuals including children, the aged, blind, and/or disabled, and people who are eligible to receive federally assisted income maintenance payments (Welfare).

Medicaid is a welfare program intended for the poor.

In order to qualify for Medicaid you must ...

  • If you are single have assets that are 133% below the poverty level, less than $2000.
  • There are limited choices with Medicaid Patients. Many nursing homes do not accept Medicaid Patients.
  • Assisted Living Facilities do not generally accept Medicaid
  • Legislation in 1997 made it illegal to hide assets in order to qualify for Medicaid, a 60-month look back audit applies.
  • Government recoups Medicaid loss from your estate, with no cap.

Wouldn't you agree a better question would be "How do you qualify for Long Term Care Insurance?" rather than "How do you qualify for Medicaid?"

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