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
Long Term Care Planning can be complicated and time consuming. With so many options available and so many decisions to make, one of the biggest challenges is knowing where to begin. Our advice is to start planning now so you can feel comfortable a...Written on November 18, 2014Read More
LTC.com was recently ranked #56 among the top 100 insurance blogs. Click "read more" below to see the full infographic of all 100 blogs that made the list.Written on November 14, 2014Read More
You may be able to buy a Long Term Care insurance policy that covers more than just one person, or more than one kind of Long Term Care service. The benefits these policies provide often are called “pooled benefits.”Written on October 13, 2014Read 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..