Q) What is the maximum amount an 82 year old person cc an have coming in per month before it is too much for Medicaid. He has around 3200.$ in savings. Please tell me we want him to pass in his apartment not in a nursing home.
A) The maximum amount an 82-year-old person can have coming in per month before it is too much for Medicaid in Texas is $1,713. This is the income limit for an individual who is not disabled. If the person is disabled, the income limit is $2,515.
The person also has $3,200 in savings. This is below the asset limit for Medicaid in Texas, which is $2,000 for an individual.
Therefore, the 82-year-old person would be eligible for Medicaid in Texas if their income is below $1,713 and their assets are below $2,000.
If the person is concerned about their eligibility for Medicaid, they should contact their local Medicaid office. They will be able to help the person determine if they are eligible for Medicaid and, if so, what level of coverage they will receive.
It is important to note that Medicaid eligibility is not static. It can change based on a number of factors, including income, assets, and changes in health status. Therefore, it is important for the person to check their eligibility periodically to make sure they are still eligible for Medicaid.
If the person is not eligible for Medicaid, there are a number of other options available to help them pay for long-term care. These options include:
- Long-term care insurance
- Private pay
- Veterans benefits
- Supplemental Security Income (SSI)
- Medicaid waivers
The best option for the person will depend on their individual circumstances.