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It is important to understand if your home may be subject to the Medicaid repayment process. In Nevada the individual receiving Medicaid cannot have income over $2,250. If their income is over that amount, they will need to do some Medicaid Planning to create eligibility.How much do you have to make to qualify for Medicaid?
States consider both income and assets in the financial qualification process. In 2021, a single Medicaid applicant must have income less than $2,382 per month and may keep up to $2,000 in countable assets to qualify financially.Can you own a home and still qualify for Medicaid?
The home is one of the biggest assets you are allowed to own and still qualify for Medicaid coverage of your nursing home bills. Under recent federal law effective Jan. 1, 2006, the equity in your home will be completely exempt from counting against you for Medicaid eligibility purposes, if your equity does not exceed $500,000.