Do I have too much income to qualify?
Find out your Share of Cost and how much Medi-Cal will save you.
There are many who think they have too much income to qualify for Medi-Cal. Let me put your mind at ease. Income is not a determining factor for Medi-Cal Long-Term Care approval.
If you are single and in a nursing home, all of your income will be used to calculate your “share of cost”, or the amount you will pay to the nursing home each month. Even if your income is high, it will not disqualify you for Medi-Cal.
If you are married, the at home spouse is allowed to keep all of their personal income no matter how much it is. If your combined income is less than $3000 a month, there will be a zero share of cost and Medi-Cal will pay the entire nursing home bill. However, if your combined income is greater than $3,000, there usually will be a share of cost. There are, however, some planning options possible when the share of cost creates a financial hardship.
Computing the share of cost is an important detail in knowing all the facts and making an informed decision about Medi-Cal. Pick up the phone and call us today. We are happy to calculate the share of cost to find out if Medi-Cal is the right answer for you.