in order to qualify for medicaid, thereare three categories of criteria. the first, which is often overlooked, is thatthe person must qualify medically. that individual, whether they be under 65 anddisabled or over 65, needs to need what medicaid defines as a "nursing home levelof care." even if they get that care at home, they need to have someoneassist them with their regular
How Long Does It Take To Apply For Medicaid, activities of daily living. once a personmeets that threshold, medicaid looks at both their income and their assets. thereis a maximum income that that individual can earn in order to qualify, and if theyearn over that income there are some planning techniques, but the startingpoint is that income threshold set by
the medicaid agency. and then finallymedicaid will look at the assets and they will determine which of thoseassets will be countable, and then once they look at the countable assets therecan be a maximum threshold that that person can own and still be qualified formedicaid.
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