![]() Exemptions include personal belongings, household furnishings, an automobile, irrevocable burial trusts, and generally one’s primary home. There are also many assets that Medicaid considers to be exempt (non-countable). For more information on how Medicaid calculates income for eligibility purposes, click here.Ĭountable assets include cash, stocks, bonds, investments, credit union, savings, and checking accounts, and real estate in which one does not reside. Income is counted differently when only one spouse applies for Regular Medicaid / Medicaid for the Aged, Blind and Disabled The income of both the applicant spouse and non-applicant spouse is calculated towards the applicant’s income eligibility. More on how the spousal income allowance is calculated. This is the Maximum Monthly Maintenance Needs Allowance. However, a spousal income allowance cannot put a non-applicant’s monthly income over $3,435. In Vermont, in 2022, a non-applicant spouse can further increase their spousal income allowance if their housing and utility costs exceed a “shelter standard” of $687 / month. If a non-applicant’s monthly income falls under $2,289, monthly income can be transferred to them from their applicant spouse, bringing their income up to $2,289. The MMMNA is a spousal impoverishment rule and is the minimum amount of monthly income a non-applicant spouse is said to require to avoid living in poverty. The non-applicant spouse, however, may be entitled to a Minimum Monthly Maintenance Needs Allowance (MMMNA). This means the income of the non-applicant spouse is disregarded and does not impact the income eligibility of their spouse. When only one spouse of a married couple applies for Institutional Medicaid or a Medicaid Waiver, only the income of the applicant is counted. Holocaust restitution payments and Covid-19 stimulus checks are an exception and do not count as income. Examples include employment wages, alimony payments, pension payments, Social Security Disability Income, Social Security Income, IRA withdrawals, and stock dividends. The MNG program is for both Medicaid and non-Medicaid individuals.Īny income that a Medicaid applicant receives is counted. Individuals applying for the Moderate Needs Group (MNG) within the Choices for Care program can have up to $10,000 in assets. ‡For a single applicant who is applying for Vermont’s long-term care program, Choices for Care, and owns and lives in their own home, the asset limit is $5,000. †A beneficiary may not be able to keep monthly income up to this level They may have to contribute to care costs. *All of a beneficiary’s monthly income, with the exception of $72.66 / month for a personal needs allowance, Medicare premiums, and potentially a spousal income allowance for a non-applicant spouse, must go towards nursing home costs. Regular Medicaid / Aged Blind and Disabled (in Chittenden County) Regular Medicaid / Medicaid for the Aged, Blind and Disabled (outside Chittenden County) Medicaid Waivers / Home and Community Based Services More.Ģ022 Vermont Medicaid Long Term Care Eligibility for Seniors IMPORTANT: Not meeting all the criteria does not mean one is ineligible or cannot become eligible for Medicaid in VT. Alternatively, one can take the Medicaid Eligibility Test. The table below provides a quick reference to allow seniors to determine if they might be immediately eligible for long term care from a Vermont Medicaid / Green Mountain Care program. Various long-term care benefits, such as personal care assistance or adult day care, may be available. More on waivers.ģ) Regular Medicaid / Medicaid for the Aged, Blind and Disabled (MABD) – This is an entitlement program Meeting the eligibility requirements ensures assistance will be provided. Intended to prevent and delay nursing home admissions, benefits are provided at home, adult day care, or in assisted living. Benefits are provided only in nursing homes.Ģ) Medicaid Waivers / Home and Community Based Services – These are not entitlement programs There are a limited number of participant slots and wait lists may exist. Further complicating eligibility are the facts that the criteria vary with marital status and that Vermont offers multiple pathways towards eligibility.ġ) Institutional / Nursing Home Medicaid – This is an entitlement program Anyone who is eligible will receive assistance. These programs have differing eligibility requirements and benefits. There are several Medicaid long-term care programs for which Vermont seniors may be eligible. The American Council on Aging now offers a free, quick and easy Medicaid eligibility test for seniors. What is the Medicaid Estate Recovery Program.Miller Trusts / Qualified Income Trusts.
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