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Florida Medicaid Income Requirements

Medicaid provides medical insurance to individuals and families who meet specific income and asset requirements. People who could be eligible for Medicaid benefits in Florida include low-income families with children, children, pregnant women, non-citizens with medical emergencies and elderly or disabled individuals.

  1. Income Requirements

    • In Florida, an applicant's gross income is considered for income eligibility, according to Medicaid Eligibility Inc. Gross income is the total income before deductions, such as taxes or Medicare Part B premiums.

      In most cases, a single applicant's gross income cannot exceed $2,022 per month. However, applicants could have a higher gross income if they establish a special Medicaid income trust, also known as an irrevocable income trust, according to Medicaid Income Resource.

    Asset Requirements

    • To qualify, Medicaid applicants also cannot possess more than $2,000 in countable assets. Countable, or non-exempt, assets may include bank accounts, brokerage accounts, stocks, bonds, mutual funds, U.S. savings bonds and real estate that does not meet Florida homestead exemption requirements, according to the Law Offices of Kevin M. Gilhool in Tampa, Fla. The homestead exemption is a property tax exemption for a primary residence.

    Children and Pregnant women

    • Parents and caretakers may apply for Medicaid on behalf of children under age 19 living in their home if the family income is under the limit for the age of the child. For children under a year old in a family of three, the income limit is $3,052 per month. The income limit is $2,030 for children ages one through five; and $1,526 for ages six through 19, according to the Florida Department of Children & Families.

      Pregnant women could be eligible for temporary coverage for prenatal care only at local clinics or full coverage. For a single woman, the income limit is $1,670 per month.

    Elderly and Disabled

    • Medicaid for those who are 65 or older or are disabled is called Supplemental Security Income-related Medicaid. Florida residents who are eligible for Supplemental Security Income, which is a stipend paid by the federal government, are automatically eligible for Medicaid coverage.

      For the full community, Medicaid program applicants must meet an income level of $795 per month for an individual or $1,069 for a couple and an asset limit of $5,000 for an individual and $6,000 for a couple.

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