Can You Qualify for Medicaid & Long-Term Care With Money in Your Bank Account?

Ever wondered, “Can I qualify for Medicaid and long-term care with money in my bank account?” This is a common concern for senior citizens in Iowa. While there are financial thresholds to meet, with strategic planning, it’s possible to maintain your savings and still secure your healthcare.

In Iowa, qualifying for Medicaid requires you to have less than $2,000 in “countable assets” which includes bank accounts. Does that make you ineligible? Not quite. Our experienced team at Huizenga Law Firm, P.C. can guide you through legally acceptable strategies to “spend down” your assets, such as paying off debt or making home improvements.

Don’t let the complexities of Medicaid eligibility intimidate you. Allow us to steer you through this journey. With our help, you can understand Medicaid’s expansion and apply for Medicaid benefits, protecting your future while preserving your peace of mind. For assistance, contact Huizenga Law Firm, P.C., today at 712-737-3885.

It’s Not Too Late. Secure your future with guidance from Huizenga Law Firm today.