Medicaid Practice Services - Medicaid Planning

QUALIFICATION CALCULATOR

How Soon Can You Qualify?

Here’s a fast, easy way to find out how quickly you can qualify for Medicaid. Just use our convenient online calculator…and get your answer instantly!

Medicaid Qualification Calculator.

Provide the following information for the person you wish to plan for, then click the button at the bottom for your answer.

Personal Information

State of Residence:
County of Residence:
Marital Status:		Married Single/Divorced/Widow/Widower
Age:	You:
	Your Spouse:
Are either you or your spouse currently in a nursing home?
You:		Yes No
Your Spouse:		Yes No
			$

Financial Information

Monthly Income (enter $ amounts - please separate yours from spouse's)

Total Monthly Income: Include wages, social security, pensions, investment income, and IRA distributions.	You/Joint	Your Spouse
	$	$

Assets (enter total values of each of the following)

	You or Jointly Held	Your Spouse
Cash: (savings accounts, CD’s, money markets)	$	$
Investments: (non-IRA stocks, bonds, mutual funds)	$	$
Retirement Accounts: (IRA’s, 401(k), Keogh, Simple, etc.)	$	$
Annuities:	$	$
Life Insurance Cash Value:	$	$
Value of Primary Residence: (if you are the owner)	$	$
Value of Any Other Real Estate:	$	$

Monthly Costs (enter monthly $ amounts)

Living Expenses:
(include food, mortgage, taxes, utilities, telephone, etc.)

Options

1. If it meant being able to protect more of your assets, would you be willing to:
	Purchase a new car?	Yes No
	Do some home improvements?	Yes No
	If yes, enter the total cost of your “ideal” home improvements here:	$ (If no, leave space blank.)
2. Have you prepaid your funeral & burial expenses?		Yes No
	If no, how much do you expect to spend on funeral & burial for both you and your spouse?	$ (If yes, leave space blank.)

Please Note: This calculator is for demonstration purposes only. The result is based on the input provided and general rules of law. It does not take into account specific circumstances, exceptions, and other variables. The result is an estimate based on a variety of assumptions and does not in any way constitute a guarantee of a specific outcome. For a detailed assessment of your Medicaid qualification timetable, contact us today for a consultation or register for one of our FREE Medicaid Planning Workshops.