Idaho Medicaid Income Trust Form

State:
Multi-State
Control #:
US-00327
Format:
Word; 
Rich Text
Instant download

Description

In this agreement, the grantor establishes an income trust and directs that the trustee shall receive unto to the trust all income due to grantor and the trustee will accept such property as the initial trust estate. Other provisions of the agreement include: additions to the trust, the management and disposition of the trust estate, trustee powers, and trust termination.

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  • Preview Medicaid Income Trust Form

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FAQ

Who is eligible for Idaho Medicaid? Household Size*Maximum Income Level (Per Year)2$26,2283$33,0644$39,9005$46,7374 more rows

If you need help, contact the Your Health Idaho customer support team at 855-944-3246. For most Qualifying Life Events (QLEs), you will have 60 days from the date of the event to report the change, supply supporting documentation, and enroll in a new plan if needed.

To report a change: Call the Idaho Department of Health and Welfare's Benefits Customer Service center line: 877-456-1233.

To report a change: Call the Idaho Department of Health and Welfare's Benefits Customer Service center line: 877-456-1233.

Income & Asset Limits for Eligibility 2023 Idaho Medicaid Long-Term Care Eligibility for SeniorsType of MedicaidSingleIncome LimitAsset LimitInstitutional / Nursing Home Medicaid$2,762 / month*$2,000Medicaid Waivers / Home and Community Based Services$2,762 / month?$2,0001 more row ?

In Idaho, the income limits and asset thresholds for Medicaid eligibility vary depending on factors such as age, disability status, and household size. A single applicant for Medicaid must meet the income limit of $17,131 annually and have a maximum asset amount of $2,000 (2023).

The estate recovery program may collect money from the estate of a deceased Medicaid recipient as repayment for any medical care services that were provided to the recipient and paid for by Medicaid, while the recipient was over 55 years of age, or permanently institutionalized, regardless of age.

The Five-Year Lookback Period If you apply for Medicaid in Idaho within five years after transferring or gifting any assets at less than fair market value (FMV), those transfers may be considered ?uncompensated? by Medicaid. This could result in a penalty period during which you will be ineligible for benefits.

Medicaid offers free or low-cost healthcare coverage for adults who have a variety of health needs.

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Idaho Medicaid Income Trust Form