Talk of The Villages Florida - View Single Post - Long term care
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Old 12-08-2024, 06:15 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by OrangeBlossomBaby View Post
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 In Florida, IRAs in payout status are also exempt from asset limits - which means your minimum distribution is being withdrawn.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
The post about Medicaid expansion was NOT misinformation. Yes, it was state specific, but 40 states opted in to the expansion. It greatly expanded and increased the cost of the Medicaid program. A lot of people, who were happy with their private health insurance, lost that coverage and were forced to sign up for Medicaid instead. The ACA was an attempt to move closer to a national health care system.