As of July 2008, in Florida, the Medicaid qualification limits are as follows:
Community Spouse Resource allowance: $104,400.00
Individual Resource Allowance: $2,000.00
Couple's Resource Allowance: (Assuming both in Nursing Home) $3,000.00
Minimum Monthly Maintenance Needs Allowance: $1,750.00
Maximum Monthly Maintenance Needs Allowance: $2,610.00
Personal Needs Allowance: $35.00
Shelter Allowance: $525.00
Standard Utility Allowance: $198.00
Maximum Income Allowable: $1,911.00
Home Equity Limit for Qualification: $500,000.00
Please consult an attorney for application of these limits to your Individual Situation. Many complicated rules may affect your individual qualification for Medicaid Nursing home payments.
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