What are the different types of Medicaid in Indiana?
IHCP Programs and Services. What Is Covered by Indiana Medicaid.
What does my Medicaid cover Indiana?
The program covers medical care like doctor visits, prescription medicine, mental health care, dental care, hospitalizations, and surgeries at little or no cost… Traditional Medicaid is a program created to provide health care coverage to individuals who are not enrolled in managed care.
What is the income limit to qualify for Medicaid in Indiana?
Income & Asset Limits for Eligibility
| 2022 Indiana Medicaid Long Term Care Eligibility for Seniors | ||
|---|---|---|
| Type of Medicaid | Single | Married (both spouses applying) |
| Income Limit | Asset Limit | |
| Institutional / Nursing Home Medicaid | $2,523 / month* | $3,000 |
| Medicaid Waivers / Home and Community Based Services | $2,523 / month†| $3,000 |
How much money can you have in the bank to qualify for Medicaid in Indiana?
An applicant cannot own countable resources (assets) valued at more than the limit or the application will be turned down. As an individual applicant, your countable resources cannot exceed $2,000. For a married couple, the limit is $3,000.
What assets are exempt from Medicaid in Indiana?
Exemptions include personal belongings, household furnishings, an automobile, irrevocable burial trusts, and generally one’s primary home. For the home to be exempt, the Medicaid applicant must live in it or have intent to return, and in 2022, their home equity interest must not exceed $636,000.
How long does it take to get approved for Indiana Medicaid?
to 90 days
To apply for Medicaid, you will need to fill out and submit a Medicaid application, also known as an Indiana Application for Health Coverage. Once you submit your complete application, it will take up to 90 days to determine if you are eligible; however, many applications are reviewed in less time.
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