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Florida Medicaid Programs Where Transfer of Assets are Allowed

http://www.dcf.state.fl.us/programs/access/docs/esspolicymanual/1630.pdf<br><br>1640.0205. Asset Limits. For ICP, PACE all HSBC Waivers and Hospice: asset limit is $2,000 for an individual and $3,000 for eligible couples) or $5,000 if the individual’s income is within the MEDS-AD limit ($6,000 for eligible couples).<br><br>The community spouse resource allowance policy applies to ICP, institutional hospice, cystic fibrosis waiver, SMMC-LTC and PACE. Applicants who have spouses residing in the community (who are not in a HCBS waiver) have a Community Spouse Resource Allowance (CSRA) subtracted from the couple’s total countable assets before comparing the institutionalized spouse’s countable assets to the $2,000 asset limit. The CSRA is an established amount that increases annually.

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Florida Medicaid Programs Where Transfer of Assets are Allowed

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  1. Florida Medicaid Programs Where Transfer of Assets are Allowed Florida Medicaid Programs Where Transfer of Assets are Allowed Section 1640.0606 of the Florida Medicaid Manual explains that the transfer-of-asset penalties are not applied to Community Hospice, certain Intermediate Care Facility Programs for those with Developmental Disabilities, or other SSI-related community Medicaid Programs. Those on the Medically Needy Program are the most common types of clients who come to me looking for Medicaid Lawyer advice. The Medically Needy Program is discussed at 0240.0104 of the Florida Medicaid Manual. I will link to an article below that further discusses some lesser-known Medicaid programs in Florida. But someone on one of these program may give away assets without penalty. There are plenty of reasons why one should not give everything away if on this program (i.e. loss of control of the money, which could be otherwise be protected and ensured that it is only used for the Medicaid-recipient’s benefit).

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