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Alabama Medicaid Statement of Claimant Form 234

Alabama Medicaid Statement of Claimant Form 234

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Video instructions and help with filling out and completing Alabama Medicaid Statement Of Claimant Form 234

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Instructions and help about medicaid form 234 fillable

many people resent the idea of going on Medicaid they associate it with poverty and the idea of qualifying for Medicaid is very scary to them however most people cannot qualify for Medicaid anyway without some prior planning Medicaid qualification is difficult there are a set limitations if you're an individual you cannot have more than two thousand dollars in non-exempt assets which includes almost everything other than a car an irrevocable prepaid funeral plan and personal belongings and household furnishings if your savings CDs real estate IRAs etcetera exceed $2,000 then you will not qualify until you spend all those assets down to two thousand additionally if your income exceeds an amount that is currently around $2,000 a month and you also don't qualify now you can fix the income problem if you agree to what they call a qualified income trust which is basically a situation where you assign all of your income to the nursing home and then Medicaid would pay the diff

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