For 1 week, I will not be qualified for Medicaid. How do I handle this?

Lump sums are treated as assets. You need to use that money for your needs (spend down) till you are under the limit (usually about $2k).

As far as I know Medicaid is set up on a monthly basis and either you would be disqualified for the whole month or not at all. Why do you think only a week would be affected? Did you check with the Medicaid agency or just figure out you would have this money and spend it all in a week and thus only be disqualified for that short time?You are dealing with a lump sum and the rules are somewhat different than other types of income. See if that makes a difference in your plans.

Dear pujol70,

Because its only for one week, I don't know if you just want to let it be for that short period of time. Or try to find an insurance company that will bridge the gap. I would call Medicaid back and see what suggestions they could offer.