Benefits

How to get benefits?

You do not have to be broke to be eligible for benefits, but your assets have to be within limits set by the state in which you live.  Generally, Medicaid recipients are allowed to keep about $1000 in liquid assets (cash, bank accounts, savings bonds, stocks, etc.)   You can also put aside money for a prepaid funeral.  The amount allowed for this purpose will vary from state to state.  Personal property such as jewelry, furniture, works of art, valuable antiques and collections are not counted toward asset limits unless the state or county social service agency is told they have great value.  The value of real estate occupied by a spouse is not counted toward the asset limit.  MedicaidMadeEasy!Com can provide detailed explanations of these rules.