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Patticake2 Asked May 2, 2024

What assets are you allowed with Medicare?

AlvaDeer May 3, 2024
Do you mean MediCAID?
House and car for sure. As to the assets in terms of money, that varies WIDELY state to state and you can look it up on your state's website.

97yroldmom May 3, 2024
Hi Patticake2

This link, specific to Indiana, may help with Medicaid exemptions on assets.

https://www.medicaidplanningassistance.org/medicaid-eligibility-indiana/#:~:text=IN%20seniors%20must%20have%20limited,Nursing%20Home%20Level%20of%20Care.



TABLE OF CONTENTS
Indiana Medicaid Long-Term Care Definition
Income & Asset Limits for Eligibility
Income Definition & Exceptions
Asset Definition & Exceptions
Home Exemption Rules
Medical / Functional Need Requirements
Qualifying When Over the Limits
Specific Indiana Medicaid Programs
How to Apply for Indiana Medicaid

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Geaton777 May 3, 2024
https://www.medicareinteractive.org/get-answers/medicare-basics/medicare-coverage-overview/differences-between-medicare-and-medicaid#:~:text=Medicare%20is%20a%20federal%20program,have%20a%20very%20low%20income.

lealonnie1 May 2, 2024
Are you asking about Medicaid and what the asset and income limited are in your state pertaining to benefits for Long Term care? Medicare is health insurance to seniors over the age of 65 and there are no asset limits with the benefit.

ZippyZee May 2, 2024
Medicare is health insurance for most Americans over 65. Assets are irrelevant.

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