General Age Eligibility for Medicaid in Texas For the majority of Texas residents, simply reaching the age of 65 or older is the most direct route to qualifying for Medicaid assistance. Burial plots and funeral contracts for yourself, your spouse, or your dependent children.
Understanding Medicaid Home Exemptions for Seniors in Texas
One vehicle of any value, used for transportation. While Medicaid is a joint federal and state program designed to provide health coverage for individuals with limited income and resources, each state operates its own version with distinct rules, and Texas maintains some of the most specific criteria in the nation.
Personal belongings and household furnishings. For an individual applicant aged 65 or older, the limit for countable resources in 2024 is capped at $2,000, which includes items like bank accounts, stocks, and bonds while excluding a primary residence, personal belongings, and one vehicle.
Understanding Medicaid Home Exemptions for Seniors in Texas
Therefore, if you are 65 or older, you automatically meet the age criterion, but you must still satisfy strict financial tests regarding countable resources and monthly income. Applicants whose income exceeds this limit may still qualify by establishing an Income Only Trust, also known as a Miller Trust, which legally redirects excess income toward qualified medical expenses without counting toward the limit.
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