The Medicaid program is only available to people who can demonstrate a significant level of financial need. As such, there is indeed an asset limit. For a single individual, this limit is $2000. The $2000 limit is certainly attention-getting, but fortunately, some things that you own are not countable. The biggest asset that is not counted is your home, but in Connecticut, there is an equity limit that stands at $828,000 during the current calendar year.
Topics covered in this report include:
- Medicaid Eligibility
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Founding Partner and President at Nirenstein, Horowitz & Associates PC
Barry D. Horowitz is a founding partner and president of the law firm of Nirenstein, Horowitz & Associates, P.C. He received his diploma from the Loomis Chaffee School and his Bachelor of Arts from Bennington College, where he dual majored in philosophy and music. Mr. Horowitz was awarded his Juris Doctor degree with honors from the University of Connecticut School of Law. While attending law school, Mr. Horowitz received the American Jurisprudence Award in Legal Ethics and the Nathan Burkan Award...Read More!
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