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Medicaid
And Spouses
Income and
asset eligibility rules are slightly different for married and
single individuals. There are rules in place to protect a certain
amount of assets for spouses of nursing home residents seeking
Medicaid assistance.
For instance, in counting assets, Medicaid will allow for a "protected
spousal amount" (PSA). In 2001, the PSA is 50 percent of
a married couple's total assets (not to exceed $87,000 and not
to be less than $17,400.) Again - these numbers are subject to
change each year - so be sure to talk with your Medicaid office
about what parts of joint assets a spouse.
*Medicaid
rules and guidelines differ by state and can change yearly, you
should contact your local Medicaid office for the most current
information.
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