From The Law Office of Whitney L. Thompson, PLLC - Navigating Medicaid in Texas can be challenging, especially with complex policies like the Medically Needy Pathway and Spend Down Medicaid. In this episode, we discuss the key question, "Does Texas Have Spend Down Medicaid?" and what it means for individuals and families looking to qualify for Medicaid despite income or assets exceeding eligibility limits. This process allows you to "spend down" on medical expenses, lowering your countable income to meet Medicaid requirements. We break down how this policy works and its importance for Texans.

We'll explore the various programs within Texas Medicaid, including Medicaid Buy-In for Adults and Texas Health Steps, and how different categories like children, the elderly, and those with disabilities can benefit. Understanding these programs and tools like the Miller Trust is essential for navigating Medicaid's strict eligibility rules. We'll also explain the asset limits and how Texas distinguishes between exempt and available assets, which can impact your ability to qualify for Medicaid support.

Our discussion includes planning strategies to ensure you or your loved ones can qualify for Medicaid while preserving assets. Options like home improvements, buying an irrevocable funeral trust, or establishing a family caregiver contract are just a few ways to spend down excess assets. We'll cover how these tactics, along with annuities and life care agreements, can help you prepare financially without losing Medicaid eligibility.

Whether you're in Houston or elsewhere in Texas, it's important to understand the rules and tools available for Medicaid planning. In this episode, we highlight the complexities of Medicaid's eligibility requirements and how legal guidance can help families navigate the system effectively. Tune in to learn more about how The Law Office of Whitney L. Thompson can help you make informed decisions regarding Medicaid planning in Texas.

The Law Office of Whitney L. Thompson, PLLC

4201 Farm to Market 1960 Rd W Suite 360, Houston, TX 77068, United States

(281) 214-0173

https://www.google.com/maps?cid=9428708165305469162