Key Medicaid Info
Key Medicaid Information for Florida for 2009
Protections for the Community Spouse:
Community Spouse Resource Allowance (CSRA):
Minimum: $109,560
Maximum: $109,560
Increased CSRA:
Permitted. Florida follows the income-first rule
Annuities:
Actuarially sound annuities are permitted
Monthly Maintenance Needs Allowance:
Minimum: $1,821.25
Maximum: $2,739
For explanation, click here.
Transfers:
Average monthly cost of nursing home care according to state:
$5,000
For explanation, click here.
Has a Long-Term Care Partnership program been implemented?
Yes
For explanation, click here.
Income:
Is the state an “income cap” state?
Yes
For explanation, click here.
Estate Recovery:
Has the state expanded the definition of “estate” beyond the probate estate?
No
Has the state included a hardship provision in its estate recovery plan?
Yes
For explanation, click here.
Home Equity Limit:
The state Medicaid program will not cover long-term care services for those with home equity above this limit, with certain exceptions.
$500,000
For explanation, click here.
