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What Does Medicaid Pay For Long-Term Care?

"A rule of thumb for the year 2021 is a single individual, 65 years or older, must have income less than $2,382 / month."

Government Funding

 

51%: Percentage of long-term care services and supports that were provided through Medicaid, 2013.

20%:  Percentage of long-term care services and supports that were provided through other public sources, 2013.

62%: Percentage of nursing home residents whose care is provided by Medicaid. 

20%: Percentage of Medicaid funding that went to pay long-term care costs in 2016. 

50%: Expected increase in Medicaid spending for long-term care between 2016 and 2026.

$123,600: Maximum amount of assets that a healthy spouse can retain for the other spouse to be eligible for long-term care benefits provided by Medicaid, 2018. (Actual amounts vary by state.) 

$3,090: Maximum amount of monthly income that a healthy spouse can receive for the other spouse to be eligible for long-term care benefits provided by Medicaid, 2018. (Actual amounts vary by state.) 

100: Days of care in a skilled nursing facility ("rehab") covered in full or in part by Medicare following a qualifying hospital stay.