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In Michigan, there is traditional Medicaid (TM) and the Healthy Michigan Plan (HMP). HMP started in 2014 as part of the Affordable Care Act. To be eligible for either HMP or TM, you must meet certain income limits, asset limits, or both.
For Medicare Savings Programs (BEM 165) the asset limit is: • For an asset group of one: • $9430 effective January 1, 2024. • $9,090 effective January 1, 2023. • $8,400 effective January 1, 2022. • $7,970 effective January 1, 2021. • $7,860 effective January 1, 2020. • For an asset group of two:
30 maj 2024 · Michigan seniors must have limited income and assets, and a medical need to qualify for Medicaid long-term care. In 2024, a single Nursing Home Medicaid applicant must meet the following criteria: 1) Income under $2,829 / month 2) Assets under $2,000 3) Require a Nursing Home Level of Care.
Learn about the different health care programs and eligibility criteria for children, pregnant women, and adults in Michigan. Find out the income and asset tests for Medicaid programs and how to apply online or contact your local MDHHS office.
30 maj 2024 · The table below shows Medicaid’s monthly income limits by state for seniors. Income is not the only eligibility factor for Medicaid long-term care; there is also an asset limit and level of care requirement.
Eligibility for Medicaid requires meeting an income limit that is based on your household size. There is no asset test. For comparing your income to the tables below, use the combined income from all household members from jobs and other sources, except for child support, Supplemental Security Income, and children's non-taxable income (like ...
There is an income and asset limit. If you earn a substantial income from work, you may have to pay a premium (monthly payment) on your coverage. The premium amount increases the more money you make.
