Rules for Medicaid Planning

Rules for Medicaid Eligibility

The goal in standard Medicaid planning is for the single individual or the single applicant to have assets reduced to the appropriate number. Similarly, the funds of a married community spouse are to be considered when the applicant is married.

The rules and examples are set forth below:

A. Single individual: $2,000, $4,000 if monthly income is greater than $2,022.

B. Married individual: Asset limitation on community spouse (one-half total resources as of date of institutionalization). 2009 maximum: $109,560, minimum: $21,912.

Example 1: Total Resources: $100,000
Community Spouse Resource Allowance: $ 50,000

Example 2: Total Resources: $300,000
Community Spouse Resource Allowance: $109,560

Example 3: Total Resources: $ 30,000
Community Spouse Resource Allowance: $ 21,912

Subsequent articles will discuss other aspects of the Community Spouse Resource Allowance.

Disclaimer: This article does not constitute legal advice and each person may have unique facts for which legal consultation may be necessary.


© March 2009, Post #7