Learn Facility Medicaid Basics

We've created this step-by-step questionnaire to help you understand some of the basic rules of Medicaid. Set up your free consultation to discuss how these rules affect your Facility Medicaid eligibility.

Select answers to the questions below (in green) by clicking on your response. The answers will help you determine if an applicant is qualified for Medicaid based on your selections.

 
 
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Is the applicant over the age of 65 or disabled?

In order to apply for Medicaid, an applicant must be over the age of 65 or deemed disabled by the state or federal government.

 
 
 
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Is the applicant's gross income under $2,205.00?

What's gross income? Gross income is the total of all of the applicant's monthly income, before any taxes or deductions are withheld. Examples of sources of income include: Social Security, pensions through prior employers (OPM or IPERS), wages from current employment, etc.

 
 
 

Is the applicant single or married?

The final requirement for Medicaid is determined by the applicant's total value of assets. The asset limit for a single person is different than that of a married person.

 
 
 

Is the total value of the single applicant's assets below $2,000.00?

What are assets? Assets include bank accounts, CDs, IRAs, 401Ks, life insurance with a cash value, vehicles, property, etc.

Which assets are exempt? The applicant's primary residence and most expensive vehicle are exempt. Any additional vehicles are considered assets. Any property that is not the applicant's primary residence is also an asset. Loans against non-exempt property or vehicles are taken into consideration and will influence the asset's valuation.

 
 
 

What is the total value of the applicant and spouse's assets?

What are assets? Assets include bank accounts, CDs, IRAs, 401Ks, life insurance with a cash value, vehicles, property, etc.

Which assets are exempt? The applicant's primary residence and most expensive vehicle are exempt. Any additional vehicles are considered assets. Any property that is not the applicant's primary residence is also an asset. Loans against non-exempt property or vehicles are taken into consideration and will influence the asset's valuation.

 
 
 

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