An article in the Star Tribune reported today that the number of Minnesotans on Medicaid – called Medical Assistance in Minnesota – shot up at nearly twice the national rate over the past two years, while state costs increased by 40 percent. The total number of Minnesotans enrolled in the state-federal health insurance program increased…
Continue reading…Joint Bank Accounts and Medicaid Eligibility
Joint Bank Accounts and Medicaid Eligibility Like most governmental benefit programs, there are many myths surrounding Medicaid (called Medical Assistance in Minnesota) and eligibility for benefits. One of the most common myths is the belief that only 50% of the funds in a jointly-owned bank account will be considered an asset for the purposes of…
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