qualifying for medi-cal with assets

Qualifying for Nursing Home Medi-CAL with Assets

Medi-Cal Laws Are Changing And Assets Will Not Count Starting January 2024!

Effective January of 2024… California will have a NO Asset Limit for qualification to get California Medi-Cal Benefits. Medi-Cal has only an income limitation.

In 2024, the countable monthly income must be at or below $1,731 (for an individual) or $2,350 (for a married couple)… Countable monthly income is determined by taking your gross monthly and deducting health insurance premiums. If you have a higher income, you may qualify with a “share of cost” (deductible).

If you are facing skilled nursing care these income level change and a deductible (share of costs) can be applied at any income levels that an individual or couple may have.

NOTE: Asset Limits for SSI remains at:

  • Single: $2,000;
  • Couple: $3,000
  • To keep SSI Benefits when expecting an inheritance or a lawsuit settlement, we can help with a Special Needs Trust (if you are under 65 years old) and have this money go directly into this trust.

We can help you save your money by applying for Medi-CAL Benefits to pay for Nursing Home Care and protecting all of your assets from Medi-CAL Estate Recovery!

Joseph McHugh and Kathy McHugh

Only Seek Counsel From An Experienced Elder Law Attorney

Do not believe everything you hear about Medi-Cal or Spend Downs from Social Workers, Financial Planners, CPAs, or try to file a Medi-Cal application on your own, until you have a consultation to an experienced Elder Law Attorney. You will be amazed at what is strategies are legally available to allow you to Qualify for Medi-Cal with Assets!

 

After a thorough review of the best strategies for your family situation and our fees for the scope of work, we will structure a comprehensive legal plan created specifically to give you (or your loved one) the best care possible, while protecting your family assets.

Our Law Firm is centrally located in Burbank (Southern California); however, our Elder Law Lawyer, Joe McHugh and his wife Kathy McHugh, serve many clients throughout the state of California, as Medi-Cal is a state and federal program. We are very proud of the many personal and professional referrals we receive from happy clients and colleagues.

Call for a phone consultation: (818) 241-4238. Or you can submit this form to request a consultation.