top of page
330-324-1163
Slates Financial Services Specializes in Protecting Your Families Assets From Nursing Home Costs
Key Medicaid Figures for Ohio
HOME EQUITY LIMIT
$688,000
The state Medicaid program will not cover long-term care services for those with home equity above this limit, with certain exceptions.
Estate Recovery
YES - he state has expanded the definition of "estate" beyond the probate estate.
YES - the state has included a hardship provision in its estate recovery plan.
PROTECTIONS FOR THE COMMUNITY SPOUSE
Community Spouse Resource Allowance (CSRA):
Minimum: $30,828.00
Maximum: $154,140.00
Monthly Maintenance Needs Allowance:
Minimum: $2,465.00
Maximum: $3,853.00
TRANSFERS
$7,453 ($248.43 per day)
Figure used to calculate transfer penalties
YES - a Long-Term Care Partnership program has
been implemented.
INCOME
$2829
Income Cap For Medicaid Recipient
*QIT- Qualified Income Trust needed for applicants over $2829)
$50
Monthly personal needs allowance for nursing home residents
ASSETS
$2,000
Resource limit for Single Medicaid recipients
$30,828 - $154,140
Community Spouse Resource limit for Married couples
*IRAs and other retirement plans Can be protected and Deemed (non-countable)
bottom of page