June 2021 Special Medicaid Bulletin
Since the beginning of COVID-19, Medicaid recipients have seen many changes in the Medicaid rules. Some more recent developments are outlined below:
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Stimulus check federal rules state that Medicaid recipients have 12 months to spend any stimulus money in whatever way they wish without penalties.
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Minnesota Medicaid suspended enforcement of the asset limit during COVID. The suspension was set to stop in June 2021, but has now been extended through August 31, 2021.
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In light of this, by August 31, 2021, Medicaid recipients will need to be under assets. This means under $3,000 for unmarried individuals, and under $133,000 for married.
Author Bio
Margaret Barrett is the Founder and Owner of Safe Harbor Estate Law, a Saint Paul, MN, estate planning law firm she founded in 2013. With almost 15 years of combined experience in litigation and Minnesota estate law, she is dedicated to representing clients in a wide range of estate law matters. Her practice areas include estate planning, asset protection, elder law, and more.
Margaret received her Juris Doctor from the William Mitchell College of Law and is a member of the Minnesota State Bar Association and the Ramsey County Bar Association.
