Nursing home stays can be covered under medicaid medicaid is a state and federal program that will pay most nursing home costs for people with…

Try: Nursing home stays can be covered under medicaid medicaid is a state and federal program that will pay most nursing home costs for people with limited income and assets eligibility varies by state medicaid will pay only for nursing home care provided in a facility certified by the government to provide service to medicaid recipients eligibility focuses on income and asset levels many states set the income requirement to supplemental security income ssi levels 2010 ssi eligibility was 674 a month for an individual and 1 011 for a couple resource requirements are stringent as well 2 000 for and individual and 3 000 for a couple if the individual has over 2 000 in resources he is ineligible for medicaid however a principal residence of less than 500 000 is excluded other exempt assets include automobile life insurance and burial plot unlike medicare medicaid will provide coverage for custodial care or assistance with activities of daily living information references

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Categories: Financial, Medical Physical

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Keywords: Medicaid

*This information is listed as a Fact Sheet and is not explicitly medically licensed

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