Florida offers different long-term Medicaid programs and each have varying levels of qualification requirements. Income, marital status, and age all play a huge factor in determining elibibility. Our attorneys have put together a helpful Florida medicaid chart to help better illustrate how these factors influence eligibility.
Seniors will make good use of our Florida Medicaid Eligibility Chart whilst preparing their finances for Medicaid application. The chart is up to date until 2021. New numbers will be posted as soon as they are available.
Type of Medicaid | Single |
---|---|
Countable assets allowed for non-married applicant | $2,000 |
Assets allowed for community spouse (known as the Community Spouse Resource Allowance) |
$137,400 |
Gross income for the Medicaid applicant |
Less than $2,523/month* |
Gross income for the community spouse |
Unlimited |
Minimum Spousal income diversion |
$2,178/month (until 6/30/22) |
Maximum Spousal income diversion |
$3,260/month (until 6/30/22) |
Exempt value of home (single person only) |
$636,000 |
Transfer Penalty Divisor | $9,703/month as of 3/1/21 |
Community Spouse Excess Shelter | $654/month |
Personal Needs Allowance | $130/month |
Medicare Rehab Co-Pay (days 21-100)** | $194.50/day |
Medicare Part B Premium | $170.10/month for most people |
*If income is higher, a qualified income trust will be required in order to qualify for long-term Medicaid in Florida (married or single). **Some Medi-Gap (Medicare supplements) plans will pay this co-pay. HMOs (Medicare Part C) will have similar, but not the same, co-pay rules |
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Daily & Toups are a dedicated elder law firm. We can help you put your assets in order and apply successfully for Medicaid.
We have more than 20 years of experience serving seniors and troubled adults and helping them meet their needs and protect what matters to them.
Additionally, we can assist with more services like estate planning, tax and finance planning, business succession, asset protection and more.
Don’t hesitate to contact us for more information. We’ll explain how elder law works and suggest solutions for your specific situation. The consultation is non-binding and absolutely free.
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