Medicaid is a healthcare program that is jointly funded by the federal government and the states. It provides healthcare coverage for low-income individuals, including those with disabilities and those who are elderly.

Long-term care is a type of healthcare that is provided to individuals who have chronic conditions or disabilities and require ongoing assistance with daily living activities. It can include services such as help with bathing, dressing, and eating, as well as medical care and therapy.

Medicaid can help cover the costs of long-term care for eligible individuals. This can include nursing home care, in-home care, and other services related to long-term care. However, eligibility requirements vary by state and there are limits on the amount of coverage provided.

Eligibility requirements for Medicaid long-term care vary by state, but generally, individuals must have limited assets and income in order to qualify. Additionally, they must have a demonstrated need for long-term care, as determined by a medical assessment.

Assets that are considered when determining Medicaid eligibility for long-term care include cash, bank accounts, investments, and property. However, some assets, such as a primary residence, may be exempt from consideration depending on state laws and other factors.

Planning for long-term care and Medicaid eligibility should be done well in advance of needing care. This can involve working with an attorney to create a plan that protects assets while also ensuring eligibility for Medicaid. Additionally, purchasing long-term care insurance may be a good option for individuals who want to ensure they are covered in the event that they need long-term care.