West Virginia 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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FAQ

Income & Asset Limits for Eligibility 2023 Indiana Medicaid Long-Term Care Eligibility for SeniorsType of MedicaidSingleMarried (both spouses applying)Income LimitAsset LimitInstitutional / Nursing Home Medicaid$2,742 / month*$3,000Medicaid Waivers / Home and Community Based Services$2,742 / month?$3,0001 more row ?

Every Woman Counts 2023 Income Eligibility Guidelines Number of Persons Living in HouseholdMonthly Gross Household IncomeAnnual Gross Household Income1$2,430$29,1602$3,287$39,4403$4,143$49,7204$5,000$60,0005 more rows ?

Eligibility limits for single adults without dependent children are presented as a percentage of the 2023 FPL for an individual, which is $14,580. Per CMS guidance, there is no deadline for states to implement the Medicaid expansion.

Income & Asset Limits for Eligibility 2023 West Virginia Medicaid Long-Term Care Eligibility for SeniorsType of MedicaidSingleMarried (one spouse applying)Medicaid Waivers / Home and Community Based Services$2,742 / month$2,742 / month for applicantRegular Medicaid / Aged, Blind or Disabled$914 / month$1,371 / month2 more rows ?

NCQA Health Insurance Plan Ratings 2019-2020 - Summary Report (Medicaid) RatingPlan NameConsumer Satisfaction4.0Coventry Health Care of West Virginia, Inc. d/b/a Aetna Better Health of West Virginia4.04.0UNICARE Health Plan of West Virginia4.53.0The Health Plan of the Upper Ohio Valley, Inc. dba The Health Plan3.51 more row

Medicaid is separate from Medicare. Total monthly income can be no more than 135 percent of the federal poverty level: $1,691 per month for an individual, or ? $2,269 per month for a couple. For couples, income is calculated using income of both members of the couple, even if only one member is applying.

Under the expanded eligibility guidelines, adults age 19-64 are eligible for Medicaid with a household income up to 138% of the poverty level. For a single adult in 2023, that amounts to $20,120 in total annual income.

Qualifying When Over the Limits This may include medical care/treatment/supplies, nursing home services, in-home personal care, Medicare premiums, and prescription drugs. Effective April 2023 ? March 2024, the Medically Needy Income Limit (MNIL) in IL is $1,215 / month for an individual and $1,643 / month for a couple.

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West Virginia Medicaid Income Trust Form