How a Boca Raton Elder Law Attorney Can Help
Medicaid Eligibility in Florida
Medicaid is a Florida program that pays medical expenses and nursing services for low-income families. The federal government then reimburses the state for 50 to 80 percent of payments made under the Medicaid program. To qualify for Florida Medicaid, you must pass both the income and the asset tests.
Income Test to Qualify for Medicaid
Florida is an Income Cap state, which disqualifies a person whose income exceeds the statutory amount — approximately $2,000 per month gross. The income test bases calculations on the applicant’s income, not including the spouse’s income, before taxes and deductions. Fortunately, you may still qualify even if your income exceeds the minimum allowable amount.
For example, our attorneys explore use of the Qualified Income Trust (QIT) — also called a Miller Trust — that allows you to qualify for Medicaid and pay costs not covered under the program. Only the income you receive outside the QIT is counted toward Medicaid eligibility; you contribute the remainder of your income above the statutory amount to the QIT. The QIT funds may be used to pay amounts attributed to patient responsibility that Medicaid does not cover.