Medicaid

The Federal Poverty Level is often used by Medicaid to set income and asset limits for potential Medicaid service recipients. What exactly is Federal Poverty Level and how does it work? The poverty guidelines are a version of the poverty thresholds and the poverty line used by federal agencies for administrative purposes, such as determining […]

Adjusted Gross Income (AGI) is an individual’s total gross income minus specific deductions and is a major factor in determining federal income tax liability. In the United States income tax system, adjusted gross income (AGI) is an individual’s total gross income minus specific deductions and is a major factor in determining federal income tax liability. It […]

A person’s personal residence is always considered exempt for Medicaid purposes.  Other real estate is not exempt and must fit within the $6,000 Medicaid non-exempt asset limit, which is impractical  Through the use of Asset Protection trusts, established five (5) years prior to the Medicaid application, assets, even real estate, can be owned by the […]

When one spouse enters a nursing home and receives Medicaid assistance, the Community Spouse retains all of his or her income.  In addition, through the calculation of the Community Spouse Resource Allowance (CSRA), the Community Spouse can receive some or all of the nursing home spouse’s monthly income if the Community Spouse’s monthly income is […]

Each year, the state Medicaid agency audits all of the basic facts and circumstances surrounding the Medicaid recipient’s status, called Medicaid Renewal, to ensure the person still qualifies for Medicaid assistance. When a person achieves successful enrollment in any Medicaid program, be if for healthcare, health insurance, long term care, mental health assistance, or any […]

When a nursing home Medicaid application has been filed but not full processed by the state, the applicant/resident is considered to be in “Medicaid Pending” status, waiting on the final determination regarding eligibility. Medicaid Pending is a common word in the long-term care industry, and it will you to know what a nursing home social […]