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Will My COVID-19 (Coronovirus) Stimulus Payment Disqualify Me For Medicaid?

Posted by Nina Whitehurst | Apr 21, 2020 | 0 Comments

Nearly every nursing home resident is the country is expecting to receive a stimulus payment in the amount of $1,200 very soon.  When this was first announced this raised questions about whether it would be counted as income and, therefore, result in a temporary increase in the patient share of cost, and whether it would create a countable resource, which for some individuals could cause disqualification.

The answer is it will NOT be treated as income but rather as a tax refund which is exempt (not countable as a resource) for 12 months.  For recipients whose countable resources are already below $800, such that the stimulus payment plus the existing countable resources will not exceed the typical $2,000 resource limit, no spend down will be required.  Recipients whose existing countable resources are greater than $800 will have 12 months to spend their resources down to below the resourse limit.

 

About the Author

Nina Whitehurst

Attorney at Law Nina has been practicing law for over 30 years in the areas of estate planning, real estate and business law She is currently licensed in Alaska, Arizona, California, Colorado, Oregon and Tennessee. Her Martindale-Hubbell attorney rating is the highest achievable: 5 stars in peer...

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