By: Martin M. Shenkman, CPA, MBA, JD

Medicaid – A means tested government medical program. The limit on countable resources varies from as low as $2,000, depending on the specific Medicaid program. Medicaid pays for long-term, custodial type care and includes physician, hospital and prescription coverage. Those with disabilities typically have very high medical bills and Medicaid is a very important resource. In many states, if an individual qualifies for SSI they automatically qualify for Medicaid. So for many individuals with disabilities one of the most important benefits of SSI is that it gets you Medicaid qualification.

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