Income Qualifications For Medicaid Colorado

The medicaid income requirements in colorado are consistent with the federal statute on income eligibility.

Income qualifications for medicaid colorado. The affordable care act provides a simplified method for calculating income eligibility for health first colorado and child health plan plus chp based on what is called modified adjusted gross income magi. For colorado elderly residents 65 and over who do not meet the eligibility requirements in the table above there are other ways to qualify for medicaid. Colorado is an income cap state meaning that in order to be eligible for medicaid long term care benefits. While the medicaid income requirement varies by a household s specific circumstances all eligible medicaid applicants should have an adjusted gross income that is less than the threshold for their household size.

1 qualified income trusts qit s qit s also referred to as miller trusts are for medicaid applicants who are over the income limit but still cannot afford to pay for their long term care. Medicaid income chart created date. Medicaid income chart author. Non income cap states allow applicants to spend down money for their care whereas income cap states require the amount to be no higher than their limit at time of application.