Medicaid LTC Asset Inclusions Anything worth money outside of the four provisions Medicaid allows. Including but not limited to: Cash Value Life Insurance CD’s IRA’s Investment Accounts (401K, Mutual Funds, Stock, etc.) Savings/checking accounts Additional property...

Medicaid LTC Asset Exclusions Homestead – your home and all the property touching, up to a value of $572,000.00. Everything within your homestead – all of your belongings. Prepaid Burial – bought from and paid for at a funeral home with a goods and services contract...

Medicaid LTC Eligibility Requirements Medical Necessity – needing 24-hour care in a facility setting and help with at least two Activities of Daily Living (ADL’s) Income not more than $2,250.00 If income is higher than $2,250.00 but under the monthly facility cost a...