Countable income in relation to Medicaid long-term care refers to the income that an individual receives, which is considered when determining their eligibility for Medicaid coverage for long-term care services.
Medicaid programs have income limits, and individuals must meet these limits to qualify for benefits.
| Type of Income | Description |
|---|---|
| Wages and Salary | Income earned from employment, including wages, salaries, bonuses, and tips. |
| Pension and Retirement Income | Payments received from pensions, retirement accounts, annuities, and Social Security benefits. |
| Rental Income | Income generated from rental properties or other real estate investments. |
| Investment Income | Income earned from investments, such as dividends, interest, and capital gains. |
| Alimony and Child Support | Payments received as alimony or child support from a former spouse or partner. |
| Disability Benefits | Payments received from disability insurance policies or disability benefit programs. |
| Any Other Regular Income | Any other sources of income that an individual receives on a regular basis, including royalties, royalties, and royalties. |
Medicaid programs have specific income limits that individuals must meet to qualify for benefits. These income limits can vary depending on factors such as the individual's age, disability status, and whether they are applying individually or as part of a household.
Certain types of income may be exempt or disregarded when determining Medicaid eligibility. These exemptions and disregards may include: