How Much Can You Make and Still Qualify for Medicaid in Florida?
If you're considering Medicaid to help cover long-term care costs in Florida, one of the first questions that probably comes to mind is: "How much income can I have and still qualify?" The answer might surprise you—it's both simpler and more flexible than most people realize.
Understanding Florida's Income Limits for Long-Term Care Medicaid
In 2026, Florida has set an income cap of $2,982 per month for individuals applying for long-term care Medicaid programs. This limit applies to several programs designed to help seniors and individuals with disabilities receive care, including:
- Home care services (for those who want to remain in their own homes)
- Assisted living facility care
- Nursing facility care
- PACE (Program of All-Inclusive Care for the Elderly) adult daycare centers
At first glance, this number might seem like a hard stop. If your monthly income from Social Security, pensions, or other sources exceeds $2,982, you might assume you're automatically disqualified. Fortunately, that's not the case.
What If You Make More Than $2,982 Per Month?
Here's the good news: Florida Medicaid has built in a solution for people whose income exceeds the monthly cap. It's called a Qualified Income Trust (QIT), though you might also hear it referred to as an Income Trust or Miller Trust. These terms all mean the same thing.
A Qualified Income Trust allows you to redirect the portion of your income that exceeds the $2,982 cap into a special trust. By doing this, you effectively bring your countable income down to the allowable limit, making you eligible for Medicaid—as long as you also meet the asset requirements.
How a Qualified Income Trust Works
Think of a QIT as a financial tool that helps you become eligible without actually reducing your total income. Here's a simplified example:
- Your monthly income: $3,500
- Florida's income cap: $2,982
- Amount over the limit: $518
You would place that $518 into the Qualified Income Trust each month. This brings your countable income down to $2,982, allowing you to qualify for Medicaid benefits. The money in the trust can still be used for certain expenses, including your share of cost for care.
What About Asset Limits?
Income isn't the only factor Medicaid considers. There's also an asset test. Florida Medicaid has specific limits on how much you can own in countable assets (such as bank accounts, investments, and certain property) while still qualifying for long-term care benefits.
The good news? Just as there are strategies to address income that exceeds the cap, there are also legal and ethical ways to address excess assets. These strategies are designed to help you become Medicaid-compliant while protecting as much of your hard-earned savings as possible.
Why Medicaid Planning Matters
Many people assume that if they have "too much" income or assets, Medicaid simply isn't an option for them. This misconception can lead to missed opportunities for financial protection and quality care.
The truth is that with proper planning, many individuals who initially appear ineligible can qualify for Medicaid benefits. The key is working with someone who knows Florida's specific rules and regulations—because what works in other states may not apply here.
Different Medicaid Programs, Different Rules
It's important to note that "Medicaid" is actually an umbrella term covering multiple programs throughout Florida. The income cap of $2,982 specifically applies to long-term care programs. Other Medicaid programs may have different income and asset requirements.
This is why a one-size-fits-all approach doesn't work when it comes to Medicaid planning. Your specific situation—including your income sources, asset types, care needs, and family circumstances—all play a role in determining the best path forward.
Taking the Next Step
If you or a loved one needs long-term care in Florida and you're concerned about qualifying for Medicaid, don't let income or asset limits discourage you from seeking help. With the right guidance, you may have more options than you think.
Whether you're just starting to think about long-term care or you're facing an immediate need, acting sooner rather than later gives you more flexibility and options. Medicaid planning isn't something to put off until a crisis hits—it's something that benefits from thoughtful, advance preparation.
Additional Resources
For more information about Medicaid planning in Florida and how it can help protect your assets while securing quality care, visit:
- Website: elderneedslaw.com
- Additional Resources: medicaidplanninglawyer.com
- Book: Making Medicaid Pay for Some of Your Long-Term Care Expenses
The information provided in this article is for general informational purposes only and should not be construed as legal advice. Medicaid rules and regulations can change, and individual circumstances vary. For personalized guidance regarding your specific situation, consult with a qualified Florida elder law attorney.
