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How do I protect my assets from Medicaid in Missouri?

You can place assets in a trust and remove them from your overall estate, thereby changing your eligibility probability for Medicaid without spending down other assets to meet the standard.

Will Missouri Medicaid pay for in home care?

How many hours does Missouri Medicaid pay for home health care? Caregivers are paid $10 per hour under the CDS program, and all of their costs incurred are covered by Missouri Medicaid.

What is the maximum income to qualify for Medicaid in Missouri?

Who is eligible for Missouri MO HealthNet? Household Size*Maximum Income Level (Per Year)1$19,3922$26,2283$33,0644$39,9004 more rows

What is the division of assets for Medicaid in Missouri?

Division of Assets is the process used under Missouri Medicaid to determine the actual amount within that range that the Community Spouse will be allowed to keep. The Division of Assets is calculated on the first day the Medicaid applicant is admitted to a nursing home for at least 30 continuous days.

What assets are exempt from Medicaid in Missouri?

There are also many assets that Medicaid considers to be exempt (non-countable). Exemptions include personal belongings, household furnishings, an automobile, irrevocable burial trusts (also called personal funeral trust accounts) up to $9,999, and generally ones primary home.

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What is the income limit for Medicaid in Missouri?

Medicaid expansion extends coverage to adults under age 65 with household incomes up to 138% of the poverty level. In 2023, that amounts to $20,120 for a single individual, and $34,3065 for a household of three (children were already eligible for Medicaid at higher income levels).

What is the phone number for HCBS in Missouri?

Participants, family, friends, or informal supports can submit new referrals by phone at 866-835-3505, using the Online Home Community Based Services Referral Form, or by sending an HCBS-1 Form Document to HCBSCallCenterReferrals@health.mo.gov. The phone line is reserved for participants and their supports only.

Who is exempt from Medicaid estate recovery in Missouri?

There are exceptions to the right to estate recovery. One is if there is a surviving spouse of the decedent who received Medicaid benefits. The other is where a surviving child under 21 years of age or surviving adult child who is blind or permanently and totally disabled.

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How do I protect my assets from Medicaid in Missouri?

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What is the division of assets for Medicaid in Missouri?

What assets are exempt from Medicaid in Missouri?

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What is the income limit for Medicaid in Missouri?

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