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Reforming Medicaid in Florida Heartland
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People also ask
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What is the status of the Medicaid expansion in Florida?
However, the U.S. Supreme Court ruled in 2012 that the withholding of funds for existing Medicaid programs was unconstitutional. Medicaid expansion was left as an option for states, and Florida has not implemented it. As of mid-2023, Florida is one of 11 states that have not expanded Medicaid.
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How do I protect my home from Medicaid in Florida?
Key Home Protection Strategies for Florida Medicaid Recipients Transfer the Home to a Spouse. If the Medicaid recipient is married, transferring the home to the healthy spouse (often called the “community spouse”) can be an effective strategy. ... Use a Lady Bird Deed. ... Establish an Irrevocable Trust.
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Who is not eligible for Medicaid in Florida?
Adults under 65 who aren't disabled or caring for minor children are not eligible for Medicaid regardless of how low their income is, because Florida hasn't expanded Medicaid under the ACA.
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Can you qualify for Medicaid if you own a house in Florida?
In Florida, the primary residence is often a non-countable asset, meaning it's not considered in the Medicaid eligibility process, provided certain conditions are met. This allows applicants to remain in their homes or preserve them for their heirs.
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Why is Florida not expanding Medicaid?
When the ACA was first enacted, Florida decided not to expand its Medicaid program. This decision was partially due to concerns about the long-term financial implications and the potential strain it could place on the state's budget.
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Can you own a home in Florida and still get Medicaid?
In Florida, your primary residence is generally considered an exempt asset for Medicaid eligibility purposes. This means that, under most circumstances, you can keep your home and still qualify for Medicaid. However, there are certain conditions and limits to this exemption, such as the equity value of the home.
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How much assets can you have on Medicaid in Florida?
Florida does not allow an applicant to own countable assets worth more than $2,000. However, if the person's income is under $856 a month, then the person cannot own assets more than $5,000.00. The Well Spouse can retain up to $148,620.00 (Jan 2023) in individual or joint assets in addition to exempt assets.
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What is going on with Florida Medicaid?
In 2022, the Florida legislature passed a bill called “SB 1950 — Statewide Medicaid Managed Care Program.” This bill makes statewide changes to Medicaid, which are going into effect at the beginning of 2025. The bill approved a new Medicaid process.
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