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The 2021 Utah Medicaid equity limit for a home is $603,000.00. This means that if you have a home with equity greater than this amount, you may not qualify for Medicaid. However, there are exceptions to this rule:
Exceptions to the equity cap...
Join us for the first annual Healthy Aging Summit! Crucial information for those who need to navigate the information in Utah for Alzheimer's, dementia, and how to get care for those we love. Here's the line up:
1. Main speaker: John Kauwe, Ph.D., professor and chair of Biology Department at BYU
“Dr. Kauwe will...
Converting Assets from Countable to Exempt/Transfers for Fair Market Value/Medicaid Compliant Annuities.
In order to qualify financially for Medicaid long term care in Utah, cash assets in excess of $2000.00 (of a single prospective applicant) may be used to pay off debts such as mortgage on home, vehicle, purchase of funeral plot...
When does home become a countable asset?
In short, a home (and one lot) is normally an exempt asset for a Medicaid long term care applicant.[1] If the home is sold and the proceeds of the home are not reinvested into another home, the proceeds become countable. Additionally, to the extent that the single...
The Utah Department of Health policy manual section 371-4 provides that the home of a Medicaid applicant may be transferred to the following protected classes without incurring a transfer penalty or impacting the applicant’s eligibility:
(i) Spouse;
(ii) Blind or disabled son or daughter;
(iii) Son or daughter under 21;
(iv) Son or...
