Medicaid eligibility requirement is determined by looking at a person’s income and assets. When considering eligibility, certain personal assets are considered exempt and are therefore not included in the calculation of a person’s income. Such exempt assets include a person’s: home, wedding rings, burial plot, car, personal and household belongings (up to about $2000), and life insurance policies with a total cash value under $5000. (more…)

Medicaid is a joint federal-state program providing medical care services to low-income individuals. Medicaid eligibility requirements is established through the categorically needy and medically needy programs, or as a result of membership in a few special groups recognized by federal law. Categorical eligibility includes families covered by the state welfare program, pregnant women and children under age 6 with family income up to 133 percent (more…)