Kelley Smith at CarePartners Living discusses various Medicaid qualifications. CarePartners Living has the largest floating Medicaid license in Washington state. People are confused over how to qualify for Medicaid. Average costs of assisted living is $5,000 or $6,000 per month. Income and assets are limited, so perhaps one or two years can be paid for out of pocket. Don’t wait till they’ve exhausted their funds before applying for Medicaid. Qualifications include having less than $2,000 in the bank, requiring assistance with at least three activities of daily living, and assets cannot be hidden.
