Am I going to have any money to live on? How much money can I keep?
People on Medicaid are allowed to have income and resources up to certain levels. The levels change at the beginning of each year and are different depending on the size of your household and the type of care of which you need Medicaid. For someone residing in their home, applying for Medicaid to help pay for prescription, hospital bill or some personal care in the home, the following levels are effective in 2001:
Household size of one: $634-monthly income & $3,800-countable resources
Household size of two: $925-monthly income & $5,500-countable resources