Menu
Simpson Estate and Elder Law
  • Home
  • Our Services
  • Videos
  • Articles
  • Directions
  • Contact

417-256-1968

naela

Close Menu
April 14 2020

How Your Stimulus Check Affects Medicaid Eligibility

Marty Simpson Articles

The coronavirus relief bill includes a direct payment to most Americans, but this has Medicaid recipients wondering how the payment will affect them. Because the payment is not income, it should not count against a Medicaid recipient’s eligibility. 

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides a one-time direct payment of $1,200 to individuals earning less than $75,000 per year ($150,000 for couples who file jointly), including Social Security beneficiaries. Individuals earning up to $99,000 ($198,000 for joint filers) will receive smaller stimulus checks. Payments are based on either 2018 or 2019 tax returns.  

The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home. If the stimulus payment were considered income, it would likely have to go straight to the nursing home. Since in most states Medicaid recipients cannot have more than $2,000 in assets, there was also concern that the stimulus payments could put many recipients over the asset limit. 

In a blog post, the commissioner of the Social Security Administration (SSA) has clarified that the SSA will not consider stimulus payments as income for Supplemental Security Insurance (SSI) recipients, and the payments will be excluded from resources for 12 months. Because state Medicaid programs cannot impose eligibility requirements that are stricter than SSI requirements, the payments should not affect Medicaid eligibility. 

For more information on how the CARES Act affects seniors, click here.

Staying Connected to Family Members in a Nursing Home When Visits are Banned How Does the Coronavirus Relief Bill Affect Seniors?

Related Posts

Articles

Annual Long-Term Care Survey Finds Steep Rise in Assisted Living Facility Costs Amid Pandemic

Articles

Who Should Purchase Long-Term Care Insurance?

Articles

Can You Visit Nursing Home Residents After They are Vaccinated?

Recent Posts

  • Annual Long-Term Care Survey Finds Steep Rise in Assisted Living Facility Costs Amid Pandemic
  • Who Should Purchase Long-Term Care Insurance?
  • Can You Visit Nursing Home Residents After They are Vaccinated?
  • Paying Taxes When Selling an Inherited Vacation House
  • Don’t Forget to Fund Your Revocable Trust

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • January 2019
Back To Top

facebook

Contact

417-256-1968

844-273-2923 fax

Address

303 Aid Avenue
West Plains, MO 65775, USA

© Simpson Estate and Elder Law - A web solution by CHVentures     Login