What if not in a nursing home?

by Spanky

I receive SSDI SSI and receive medicare and medicaid. My wife is about to receive a beneficiary payout from her mothers life insurance policy. We live together and have a 13 year old son. I am pretty sure I will lose my SSI but will I still receive SSDI and medicaid/medicare?

Comments for What if not in a nursing home?

Average Rating starstarstarstarstar

Click here to add your own comments

Feb 29, 2016
Rating
starstarstarstarstar
SSDI vs SSI vs Medicaid/Medicare
by: Gabriel Heiser

As you mentioned, you may well lose your SSI because it is "means tested," i.e., the program looks at your income and assets before awarding eligibility. SSDI, on the other hand, does not depend on your assets and income.

Medicare also is not means tested. Medicaid, however, like SSI, requires that you have very low assets ($2,000 if single, $121,220 for a married couple). However, once one spouse begins receiving Medicaid, the assets of the other spouse are no longer considered, so an insurance payout (or inheritance) received by the at-home spouse will not affect the eligibility of the other spouse.

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Medicaid Questions.

Subscribe to
Estate Planning Hub


Your First Name


Your E-mail Address

We keep this private.



Follow the Estate Planning Blog.




--by Beth Heikkinen
Marquette, Michigan
I just want to thank you for this site. It answered my questions. I think many people that do research on the net take it for granted and when they find what they are looking for they forget "someone put time, money, etc into providing me with this information."

Thank you!


Like This Site





Visit Our Social Media Pages

Become a Fan of Estate Planning Hub on Facebook Follow EstatePlanningHub on Twitter Follow EstatePlanningHub on Google+ Subscribe EstatePlanningHub Video on YouTube

Get a PDF version of this website and its sister site here.