Question: Please tell me what this year’s income and resource levels are for Medicaid. Are these #s the same in every state?
Answer: The income and resource (asset) levels for Medicaid assistance for nursing home costs do vary from state to state. In Massachusetts, a single person can own no more then $2,000.00 in countable assets (not including the value of a home and automobile).
A couple can own $111,560 in countable assets (not including the value of a home and automobile).
In Massachusetts (and many other states) there is no income limit in order to qualify for the long term care Medicaid program, which pays for nursing home costs.
Dagmar M. Pollex, Attorney at Law
The Law Offices of Dagmar M. Pollex, P.C.
Braintree, Massachusetts 02184