What is the income limit for Alaska Medicaid?

If your family's income is at or under 138% of the Federal Poverty Guidelines (FPG) ($25,958 per year for an individual; $53,820 for a family of four), you may qualify. If you are 18 or younger and your family's income is at or under 208% of FPG ($81,120 per year for a family of four), you may qualify.

What is the highest income to qualify for Medicaid?

Eligibility levels for parents are presented as a percentage of the 2023 FPL for a family of three, which is $24,860. Eligibility limits for single adults without dependent children are presented as a percentage of the 2023 FPL for an individual, which is $14,580.

What is the personal needs allowance in Alaska?

(d) For a recipient who is living at home and receiving home and community-based waiver services, the personal needs allowance is $1,656. (e) For a recipient who is living in an assisted living home and receiving home and community-based waiver services, the monthly personal needs allowance is $1,396.

What is a Miller's trust in Alaska?

A Miller Trust is a type of irrevocable trust used help Alaskan's meet the income limits for Medicaid eligibility. Miller Trusts are also known as "Medicaid Qualifying Income Trusts" or "Medicaid Qualifying Irrevocable Income Trusts."

What is the Magi Medicaid in Alaska?

MAGI Medicaid includes the categories of Parent/Caretaker Relatives, Pregnant Woman, Under 21, Children under 19, Former Foster Care Children, and the Expanded Group. MAGI Medicaid does not include Disabled or Old Age (+65 years old) Medicaid.

What is the look back period for Medicaid in Alaska?

Medicaid's Look-Back Rule Alaska has a 60-month (5 year) Medicaid Look-Back Period that immediately precedes the date on one's Nursing Home Medicaid or Medicaid Waiver application. During the look back , Medicaid checks all past asset transfers to ensure no assets were gifted or sold under fair market value.

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Q: What is the income limit for Alaska Medicaid?

If your family&#039;s income is at or under 138% of the Federal Poverty Guidelines (FPG) ($25,958 per year for an individual; $53,820 for a family of four), you may qualify. If you are 18 or younger and your family&#039;s income is at or under 208% of FPG ($81,120 per year for a family of four), you may qualify.

Q: What is the look back period for Medicaid in Alaska?

Medicaid&#039;s Look-Back Rule Alaska has a 60-month (5 year) Medicaid Look-Back Period that immediately precedes the date on one&#039;s Nursing Home Medicaid or Medicaid Waiver application. During the look back , Medicaid checks all past asset transfers to ensure no assets were gifted or sold under fair market value.

Steps to Take If you decide to use a Qualified Income Trust to qualify for Medicaid, please take the following steps: 1. Find an attorney who is knowledgeable about trusts. You can contact Alaska.

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