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What your state lets you keep effective 1/1/2017

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The table below gives the minimum assets and income each state allows nursing-home residents and their spouses to keep. The federal government sets new minimum and maximum amounts each year, but states can set their own minimum requirements at any level between the federal limits.

State Your asset allowance Your spouse's minimum asset allowance Your personal monthly needs allowance Your spouse's minimum monthly income allowance
Alabama* $2,000 $25,000 $30 $2,002
Alaska* $2,000 $120,900 $75 $3022.50
Arizona* $2,000 $24,180 $93.45 $2,002
Arkansas* $2,000 $24,180 $40 $2,002
California $2,000 $120,900 $35 $3022.50
Colorado* $2,000 $120,900 $50 $2,002
Connecticut $1,600 $24,180 $69 $2,002
Delaware* $2,000 $25,000 $50 $2,002
District of Columbia $2,600 $120,900 $70 $3022.50
Florida* $2,000 $120,900 $35 $2,002
Georgia* $2,000 $120,900 $30 $3022.50
Hawaii $2,000 $120,900 $30 $3022.50
Idaho* $2,000 $24,180 $40 $2,002
Illinois $2,000 $120,900 $30 $3022.50
Indiana $1,500 $24,180 $52 $2,002
Iowa* $2,000 $24,000 $50 $3022.50
Kansas $2,000 $24,180 $50 $2,002
Kentucky $2,000 $22,000 $40 $2,002
Louisiana $2,000 $120,900 $38 $3022.50
Maine $2,000 $120,900 $40 $2,002
Maryland $2,500 $24,180 $74 $2,002
Massachusetts $2,000 $24,180 $72.80 $2,002
Michigan $2,000 $24,180 $60 $2,002
Minnesota $3,000 $31,094 $89 $2,002
Mississippi* $2,000 $120,900 $44 $3022.50
Missouri $1,000 $24,180 $30 $2,002
Montana $2,000 $24,180 $50 $2,002
Nebraska $4,000 $24,180 $50 $3022.50
Nevada* $2,000 $24,180 $35 $2,002
New Hampshire $2,500 $24,180 $56 $2,002
New Jersey $2,000 $24,180 $35 $2,002
New Mexico* $2,000 $31,290 $58 $2,002
New York $4,150 $74,820 $50 $3022.50
North Carolina $2,000 $24,180 $30 $2,002
North Dakota $3,000 $120,900 $60 $2,267
Ohio $1,500 $24,180 $40 $2,002
Oklahoma* $2,000 $25,000 $50 $3022.50
Oregon* $2,000 $24,180 $30 $2,002
Pennsylvania $2,400 $24,180 $45 $2,002
Rhode Island $4,000 $24,180 $50 $2,002
South Carolina* $2,000 $66,480 $30 $3022.50
South Dakota* $2,000 $24,180 $60 $2,002
Tennessee* $2,000 $24,180 $40 $2,002
Texas* $2,000 $24,180 $60 $3022.50
Utah $2,000 $24,180 $45 $2,002
Vermont $2,000 $120,900 $47.66 $2,002
Virginia $2,000 $24,180 $30 $2,002
Washington $2,000 $48,639 $57.28 $2,002
West Virginia $2,000 $24,180 $50 $2,002
Wisconsin $2,000 $50,000 $65 $2,333.33
Wyoming* $2,000 $120,900 $50 $3022.50

* These are "income cap" states. If your income is higher than $2,205 a month, you cannot qualify for Medicaid even after spending down all assets, unless you set up a Miller trust.

 
 
 


LTC Consultants provides long-term care insurance training to agents and educates consumers with information about long term care insurance. This website contains reports and articles about caregiving, assisted living, nursing homes, aging, senior living and elder care, home health care and other long-term care related articles. Order Phyllis Shelton’s Protecting Your Family with Long-Term Care Insurance with articles about whether or not to self-insure or buy combo life insurance and annuity policies or a traditional LTC insurance plan. The book also contains ideas for people who don't qualify for LTC insurance such as Medicaid, life settlements, reverse mortgages, critical illness and also contains in-depth information about Medicare, Medicare Advantage and Medicare Supplements.

 

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