As a Michigan elder law and medicaid planning attorney, helping families procect their resources and assets from the devastating costs of long-term care and nursing home costs, I wanted to provide the key Medicaid information for Michigan in 2012. A special thanks to Elder Law Answers, who we are a member of their elder law attorney group.
Key Medicaid Information for Michigan for 2012
Protections for the Community Spouse
Community Spouse Resource Allowance (CSRA): Minimum: $22,728
Increased CSRA: Permitted. Michigan follows the income-first rule.
Monthly Maintenance Needs Allowance: Minimum: $1,839
Average monthly cost of nursing home care according to state: $6,816
Is Michigan an “income cap” state? No
Has the state expanded the definition of “estate” beyond the probate estate? No
Home Equity Limit
The state Medicaid program will not cover long-term care services for those with home equity above this limit, with certain exceptions. $525,000