Medicaid Planning Attorney Ocala, Florida

In Florida, the Florida Medicaid Institutionalized Care Program (ICP) can help you offset the high costs of living in a long-term care facility. To qualify for this program, applicants must meet the following requirements:

• Be 65 years old or older or meet Social Security’s criteria to be considered disabled.
• Be a Florida resident.
• Be determined to need long-term care in a nursing home.
• Be placed in a long-term care facility that participates in the ICP program.
• Have assets and income within the program’s limit. These assets may not be worth more than $2,000 for an individual or $3,000 for a couple and may include trusts, life insurance policies of up to $2,500 ($1,500 for SSI recipients), stocks, bonds, and real estate other than the individual’s home. Certain assets, such as the individual’s home and irrevocable burial funds of up to $2,500, are not considered for this asset limit.
• Have a Social Security number and be a United States citizen or a qualified non-citizen.

There are other requirements for applicants as well that Ms. Rauba can go over with you when you work with her to determine your Medicaid eligibility. If you qualify, she can submit your application on your behalf and advocate for you to obtain this coverage.

If you qualify for this program, it will not cover all of your long-term care expenses. Instead, it covers the approved rate for your facility after you have paid your portion of the bill. The portion that you pay is determined by examining your income and assets to determine an amount that you can afford to pay for your care.