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Do liquid assets matter for qualifying for medicaid?

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The truth is there are a variety of assets people can own and still qualify. It's just a matter of knowing the rules, and making a plan to meet those requirements. Asset limits for those applying for Medicaid include: Cash. You can possess $2,000 cash that will not be counted as an asset in determining your Medicaid eligibility. read more

Expanded Medicaid categories under the Affordable Care Act use MAGI (modified adjusted gross income) rules and do not look at financial assets such as money in the bank. Examples include being an adult under 65 , a child, or pregnant. read more

Cash, stocks, bonds, mutual funds, retirement accounts, and other “liquid assets” are all considered countable assets that must be spent down to certain levels before a person or their spouse qualifies for Medicaid assistance. read more

A: Short answer: No. There is not a test of assets, like home equity, for regular Medicaid or CHP Plus health insurance policies. read more

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