Quote:
Originally Posted by retiredguy123
Yes. One thing that the Affordable Care Act did was to greatly expand the Medicaid health care eligibility. I think the income eligibility expanded to 4 times the poverty level, so some people making more than $40K per year became eligible for Medicaid.
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Not in Florida. That expansion was a state-specific thing. Obama wanted it to be nationwide, but Capitol Hill didn't like that so much and gutted a lot of the Act, replacing it with bits and pieces that wouldn't be efficient (which is why it's such a mess now).
There's a LOT of misinformation on this thread. No, you don't have to sell your grandmother's jewelry to qualify for Medicaid. In fact, if you're an adult and not disabled, don't have children, and are under 65 years old, you can't get Medicaid at all in Florida.
If Medicaid expansion was implemented in Florida, over 3/4 of a million Floridians would qualify, who currently have no insurance at all.
If your home is valued at under $600,000 (and change, I forget the exact amount), and your spouse is still living in it, then no - you don't have to sell it. It's a non-countable asset.
You CAN have an income - up to $2,829/month (which usually gets ported right over to the nursing home). You can't have assets over $2000 - and that doesn't include personal belongings (like that gold ring), household furnishings, your primary vehicle or your primary home. In Florida, IRAs in payout status are also exempt from asset limits - which means your minimum distribution is being withdrawn.
You can find the details and more information here:
Florida Medicaid Eligibility: 2024 Income & Assets Limits