0
Add your answer:
Earn +20 pts
Can Medicaid levy my assets?
Medicaid will file a lien/estate claim on your assets to recover the cost of medical care.
Can you sell assets while on medicaid and gain the profits?
You can sell your assets, as long as you receive fair market value for them. However, doing so might put you over the asset limit for Medicaid in your State, whereupon you will have to "spend down" those assets to resume Medicaid eligibility.
Can medicaid take my house when I die?
Medicaid can place a lien on your house to recover the costs of long-term care services provided. However, they cannot take your house while you are alive. Upon your death, Medicaid may seek to recover funds from your estate, including the house, depending on state laws.
You receive medicare would your kids get Medicaid?
Only if your family's income/assets are within the Medicaid standards.
If me and my fiance move in together before marriage can she lose her medicaid coverage?
No, but when you marry, Medicaid will look at you and your spouse's income/assets.
How do you have to be to lose Medicaid?
You can lose Medicaid eligibility by: death; moving out of State (you must re-apply in your new State); failure to cooperate with Medicaid agency; not currently disabled or no longer a minor; income and/or assets (yours or those of person legally responsible for you) exceed limits; original approval was based on incorrect information.
If you are on medicare disability can you also receive medicaid?
You may receive Medicaid and Medicare disability at the same time if you meet eligibility factors, principally citizenship and limited income/assets.
What if someone on Medicaid inherits money?
That money becomes an asset and depending on the amount plus the Medicaid client's other assets, might affect eligibility.
How much is medicaid when pregnant but have no medicaid?
If your income/assets are below the threshold (typically, 200% of Federal poverty level for a pregnant person), Medicaid should be free. Otherwise, you might owe a "spend down."
How does a person lose medicaid eligibility in TN?
As far as I know, only death would cause one to lose Medicare eligibility.Concerning Medicaid, one would become ineligible if, among other things, one moved out of the State or one's income and/or assets increased to a level above the maximum(s).
What are the requirements for asset transfer for nursing home care in Oklahoma?
Check with Medicaid, but in Oklahoma I believe you can pay a relative all assets for caregiving to qualify for medicaid
What assets can Medicaid acquire once a Medicaid covered elderly person passes on after living in a retirement home?
Medicaid may file a claim against the estate of the deceased recipient, including any real property.
