My understanding of Medicade is that it is based on what you spend. Usually, you show them your bank statement for the past 3 month. It’s not so much base on what you make or even how much money you have in the bank..if you your spending below a certain ammount you qualify..
I’ve said it before many government programs are blanket solutions.. Instead of basing your situation individually.
But like anything government ..they like to believe they own your soul. If you must use them ..get out as quick as possible.
Just my advice.
Here’s how it works in NYS...
https://www.health.ny.gov/health_care/medicaid/excess_income.htm
Note how eager they are to get you to do this.
BTW, and I say this from decades of experience, don’t do this if you can avoid it.
The care you get on Medicaid will be worth what you pay for it.
Some states allow for Medicaid spend down eligibility, but not all do.
The Medicaid people will look back three YEARS looking for assets that may have been unloaded to family in order to qualify as Medicaid-eligible.
It’s best to start thinking about dealing with visible assets well before needing long-term nursing home care.