There are several different Medicaid programs that address a wide variety of disabilities, healthcare, managed care, child health, mental health, developmental disabilities, and other Medicaid services designed to help those in need with limited financial ability and who are not covered by Medicare.gov. These programs provide health services for low asset and low income individuals, […]
HCB Medicaid stands for Home and Community-Based Services. This health care program is also referred to as HCBS at times. These services are made available to those who meet financial eligibility requirements with assistance in the home. HCB Medicaid is an alternative to nursing home care for those in need of care services and who […]
When a family member or loved one or any older adult requires skilled nursing care, the question of payment of nursing home costs typically quickly comes up. Whether it is nursing home care in a skilled nursing facility or assisted living in an assisted living facility or anything in between, the cost per month is […]
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 eligibility for federal assistance programs. They are useful because poverty thresholds for one calendar year are not published until the […]
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 is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI […]
Can you own real estate and qualify for Medicaid? The short answer is yes, but there are a lot of qualifiers that go with that answer. When determining whether or not a person meets the requirements for nursing home Medicaid eligibility, the first step is to assess the full range of the prospective Medicaid applicant’s […]
