Am I receiving Medicaid when I really shouldn't?

First, there r two different Medicaid's. One for insurance, one for long-term care. Long-term care requires only 2000 in bank. Not so with Medicaid insurance. My nephew I allowed to make 20,000 a year. There is no limit for the bank. When u applied you had to show what bank accounts you have and other assets. If u did this, then I don't see a problem. You don't say why at 60 neither of u work. As long as u were honest with Medicaid u should be OK.

The $2,000 asset limit (for those over 65) is for an INDIVIDUAL. The threshold is much higher for a couple.

Each state handles calculating the exempt assets for a couple differently, but the amount allowed varies from $23,800 to $119,220. It is true that $2,000 is an asset threshold, but before we pass that on we should be careful to specify that is for a single person.

Of course, none of us can predict what will happen to Medicaid in the coming years.

It depends on the state where you live. Under Medicaid Expansion, in the states that adopted it, you are eligible. Assets appear to be irrelevant. My sister-in-law is covered by Medicaid, and she and my brother are much more financially comfortable than I am. Her income, though, is quite low. If Congress repeals the ACA, you'll probably lose your coverage.

Sounds a bit off. Are you sure this was a legitimate website?

If you are under the age of 65 then the Medicaid expansion does cover you based solely on income.

Once you "age out" of the Medicaid expansion (65) your assets are considered....and...you must spend down to $2,000 to qualify.

Don't fool around and take amateurs' (sorry!) advice. Go see your Medicaid office or Office of Public Assistance and double-check. Why mess around with something that may be illegal?

Yes. I am insured through the state of WA.

To qualify for Medicaid, you are only allowed to own $2,000 in countable assets. A home is a non-countable asset.

Jeannegibbs: That's true.

Are they qualifying under QMB? Where they have both Medicare and Medicaid eligibility? Does their state pay the Part B premiums for them???