Question: Can You Own A Home And Get Medi Cal?

When you apply for Medi-Cal, your home is exempt as long as you state that you’re going to return to it, so its value is not considered when they determine your assets.

And if you’re a married couple and one person is receiving Medi-Cal, you can only have $120,000 in assets.

Is there an asset limit for Medi Cal?

You may have up to $2,000 in assets as an individual or $3,000 in assets as a couple. Some of your personal assets are not considered when determining whether you qualify for Medi-Cal coverage.

Can I have Medi Cal and private insurance?

You can have Medi-Cal even though you have Other Health Coverage (OHC) through individual or group private health (or dental) insurance coverage. If you are a Medi-Cal beneficiary and have individual or group private health (or dental) insurance coverage, you are required by federal and state law to report it.

Can I sell my house while on medical?

While you can sell your house for fair market value, it may make you ineligible for Medicaid and you may have to apply the proceeds of the sale to your nursing home bills. Except in certain circumstances, Medicaid may put a lien on your house for the amount of money spent on your care.

How much money can you have in the bank to qualify for medical?

Bank accounts and cash: Your first $2,000 are yours and yours alone. Medicaid will only count any dollars above this amount. For example, if you have $2,500 in your bank account, only $500 will count toward your Medicaid qualifying assets.

Do you have to pay back Medi Cal?

The Medi-Cal program must seek repayment from the estates of certain deceased Medi-Cal members. Repayment only applies to benefits received by these members on or after their 55th birthday and who own assets at the time of death. If a deceased member owns nothing when they die, nothing will be owed.

What happens if I don’t report my income change to Medi Cal?

If your income is lower than you thought it would be, you will receive a refund when you file your taxes for any premium assistance that you were eligible for, but did not receive. Be sure to file your taxes on time in order to receive any tax credits that are due to you. change within 30 days.

What documents are needed for Medi Cal?


  • Proof of Age. US Passport.
  • Proof of Citizenship. US Passport.
  • Identity. US Passport.
  • Marital Status. Marriage Certificate.
  • Financial Resources. Checking Account Statements.
  • Other. Social Security Card(front and back)
  • Income. Most Recent Pay Stubs.

Is Medi cal good insurance?

The health plans offered by Covered California and Medi-Cal include the same full set of benefits, but Medi-Cal is usually at lower or no cost. In a recent survey of Medi-Cal members, 90% of the members who answered rated Medi-Cal as a good or very good program.

Can you have money in the bank and get medical?

Assets You Can Have and Still Qualify for Medicaid. Many people feel that they are ineligible for Medicaid coverage of medical expenses like nursing home costs and doctor’s bills simply because they own property or have some money in the bank.

How do I stop the government from taking my house?

The most popular way to avoid selling your house to pay for your care is to use equity release. If you own your own house, you can look at Equity Release. This allows you to take money out of your house and use that to fund your care.

Do I have to pay Medicaid back if I sell my house?

In most states, the Medicaid agency will have a lien against the house to recover what it has paid for your mother’s care when it’s sold, whether now or after she passes away. If you sell the house, your mother will go off of Medicaid and you will have to spend down the proceeds at the private rate.

Can Medicaid see your bank account?

While Medicaid agencies do not have independent access to a Medicaid recipient’s financial statements, Medicaid does an annual update to make sure a Medicaid recipient still meets the financial eligibility requirements. Furthermore, a Medicaid agency can ask for bank statements at any time, not just on an annual basis.

How do I know if my Medi cal is active?

How to Check If My Medi-Cal Is Active

  1. Make Sure You’re Eligible. The Medi-Cal eligibility requirements have expanded, which means individuals and families that previously didn’t qualify, may now be approved.
  2. Locate Your Nearest Welfare Office.
  3. Contact a Case Manager.
  4. Request Your Medi-Cal Status.
  5. Use the Online Portal.

What is the income limit for Covered California?

The federal threshold is 400 percent of the federal poverty level (FPL). In 2020 that number will be $49,460 for an individual, $67,640 for a couple and $103,000 for a family of four. The state of California will supplement those subsidies for taxpayers with higher incomes, up to 600 percent of federal poverty level.

Can Medi cal take my home after I die?

Can the State Take My Home If I Go on Medi-Cal? The State of California does not take away anyone’s home per se. Your home can, however, be subject to an estate claim after your death. For example, your home may be an exempt asset while you are alive, and not counted for Medi-Cal eligibility purposes.

How much is Medi cal per month?

Medi-Cal capitation rates can be over $500 per month

The average monthly cost for these MAGI Medi-Cal health plans can range from $415 to $575. Monthly premiums to the Medi-Cal HMO plans vary based on the plan sponsor and county the plan is offered in.

Can you work and still get Medi Cal?

If you are eligible for SSI and you are working, your Medi-Cal coverage can continue under the 1619(b) program, even if your earnings become too high for SSI cash payments. Still meet SSI requirements, like disability, blindness, or age, that don’t have to do with income. Need Medi-Cal coverage to continue working, and.