Medicaid planning is a tool that can be used by any potential Medicaid applicant prior to their application. A Medicaid planner can assist you in simply filling out the application or can provide complicated services like restructuring of assets to help make one eligible for Medicaid. Below is a table showing the 2019 Medicaid Long Term Care Eligibility in Iowa.
|
2019 Iowa Medicaid Long Term Care Eligibility for Seniors |
|||||||||
|
Type of Medicaid |
Single |
Married (both spouses applying) |
Married (one spouse applying) |
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|
Income Limit |
Asset Limit |
Level of Care Required |
Income Limit |
Asset Limit |
Level of Care Required |
Income Limit |
Asset Limit |
Level of Care Required |
|
|
Institutional / Nursing Home Medicaid |
$2,313 / month |
$2,000 |
Nursing Home |
$4,626 / month (each spouse is allowed up to $2,313 / month) |
$3,000 |
Nursing Home |
$2,313 / month for applicant |
$2,000 for applicant & $126,420 for non-applicant |
Nursing Home |
|
Medicaid Waivers / Home and Community Based Services |
$2,313 / month |
$2,000 |
Nursing Home |
$4,626 / month (each spouse is allowed up to $2,313 / month) |
$3,000 |
Nursing Home |
$2,313 / month for applicant |
$2,000 for applicant & $126,420 for non-applicant |
Nursing Home |
|
Regular Medicaid / Aged Blind and Disabled |
$771 / month |
$2,000 |
None |
$1,157/ month |
$3,000 |
None |
$771 / month |
$2,000 |
None |
Medicaid eligibility can be complicated, and a Medicaid planner can lead you through the process.
To discuss Medicaid planning, call Jordan and Mahoney Law Firm, P.C. at 515-432-4510 or email Meredith Nerem at [email protected]
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