What is a spend down Minnesota?

between the person’s income and the MA income standard. This difference is known as a spenddown. The person with excess income must have incurred medical expenses equal to or greater than the spenddown amount before MA coverage begins. The person is responsible for payment of the spenddown amount toward these expenses.

What qualifies for Medicaid spend down?

A Medicaid applicant may pay any legitimate debt that the applicant or the applicant’s spouse is legally obligated to pay. Examples include credit cards, mortgage payments, medical bills, taxes, car payments, rent, utilities, and the costs of home or car maintenance.

How do I protect my assets from Medicaid in Minnesota?

Protect Assets from Nursing Home and Long Term Care Costs in Minnesota

1. For married couples, the most common option is the Family Pot Trust.
2. For single individuals, the most common option is the Crow Wing Trust.
3. Other trusts, both testamentary and inter vivos, may also be part of a Medicaid protection plan.

What is exempt from Medicaid spend down?

Exempt assets include one’s primary home, given the individual applying for Medicaid, or their spouse, lives in it. Some states allow an applicant’s “intent” to return home to qualify the home as an exempt asset.

What is Medicaid called in Minnesota?

Medical Assistance
Medical Assistance is Minnesota’s Medicaid program. It is the largest of Minnesota’s publicly funded health care programs, providing health care coverage to a monthly average of 1.1 million low-income Minnesotan.

How does Medicare spend down work?

Your spend-down amount will be the difference between your income and the Medicaid eligibility limit, as determined by your state over a given length of time (one to six months). Some states require you to submit receipts or bills to Medicaid to show your monthly expenses.