You are here:
|Medicaid Minimum Assets & Income Per State|
The table below gives the minimum assets and income each state allows nursing home residents and their spouses to keep as of July 1, 2014. The federal government sets new minimum and maximum amounts each year, but states can set their own minimum requirements at any level between the federal limits.
* These are "income cap" states. If your income is higher than $2,163 a month, you cannot qualify for Medicaid even after spending down all assets, unless you set up a Miller trust.
Latest LTC Blog Posts
Written on September 10, 2015Read More
Are you looking for a fun date night activity for you and your spouse; how about shopping for Long Term Care insurance? Admittedly, that doesn’t sound like as much fun as dinner and a movie, but it could be an important step to securing your finan...Written on July 30, 2015Read More
We all tend to procrastinate on occasion. Our minds have a way of telling us that important matter can wait just a little longer; but procrastination can cost you. If you have been waiting to make a decision about Long Term Care insurance, now is ...Written on June 29, 2015Read More
We are committed to helping you become an informed consumer.
If you are interested in purchasing Long Term Care Insurance, we will connect you with a licensed Long Term Care Agent who will answer your questions, assess your needs and offer advice in an understandable manner. Our goal is to make sure you get the right policy at the best price and make planning for your Long Term Care needs an easy and enjoyable process..