“Who is eligible for both Medicare and Medicaid?”

 

“Who is eligible for both Medicare and Medicaid?,” by Margie Zabel Fisher, Fortune

“Income limits for full Medicaid vary both across and within states. Most commonly, they are based on Supplemental Social Security Income (SSI), which limits people to $943 per month in income and up to $2,000 in savings and other financial assets.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

This is literally true, but it almost never applies. In reality, income is unlimited if medical or LTC expenses are high enough. Nor are assets limited because most large assets are exempt and any countable assets are easily removed by purchasing exempt assets. It’s all a sham to make you think Medicaid causes widespread LTC impoverishment and that the government needs to do more. To make sense of what ails LTC, read the Paragon Health Institute’s “Long-Term Care: The Problem” and “Long-Term Care: The Solution” and watch this “virtual LTC event” featuring age wave visionary Ken Dychtwald and leading LTC researchers.