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That money becomes an asset and depending on the amount plus the Medicaid client's other assets, might affect eligibility.

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13y ago
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Cathy Buchler

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7mo ago
what is the limit?

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Q: What if someone on Medicaid inherits money?
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Related questions

Where does the money for Medicaid come from?

The money for Medicaid comes from taxes.


Does Medicaid ever charge for their services?

Medicaid is always free as this is a government program. If someone asks you for money then you can assume they are trying to run a scam on you and report them right away.


What do you call someone who inherits something?

Heir


Are Medicaid providers required to take payment from medicaid only for Medicaid patients?

i am a provider in Michigan, a have residents in the home who i am not receiving title 19 money monthly. Providers are not required to accept Medicaid patients. However, a provider who treats someone as a Medicaid patient is required to accept the amount Medicaid pays as payment in full and, except for co-pays, cannot bill the patient.


Can someone claim you on they taxes if you have Medicaid?

You should report having a dependant in the home.


When mom died Medicaid sent a letter saying when dad died they were coming after our homeplace. Mom was not even on the deed. Can medicaid really get it?

Yes, Medicaid can get money from the sale of the home even if your mother was not on the deed. As long as she and your father were legally married, then Medicaid can go after the property to repay the money Medicaid spent for her care. Medicaid will not, however, kick your father out or take more money than they spent on your mother.


Where does Medicaid money come from?

About 90% of Medicaid money is Federal. The rest is provided by the States.


Have no money need insulin bad Medicaid wont cover it?

If you're Medicaid eligible and your physician has prescribed insulin, Medicaid should cover it.


How much money is going towards Medicaid?

In 2008, the federal government spent $186 billion on medicaid.


Can someone excede Medicaid benefits?

There is no upper limit to the amount of benefits one may receive from Medicaid.


Who is responsible for paying an estate tax?

A person who inherits goods when someone dies.


Who is responsible for paying estate tax?

A person who inherits goods when someone dies.