Effective August 1, 2016, Ohio updated the administrative code and set forth updated eligibility requirements for single individuals who own a home and are seeking or already receiving long term care Medicaid.
Previously, Ohio had a 13 month exemption period. That is, for 13 months after a single individual left his home to enter a facility, the value of his home would not be deemed a countable resource for Medicaid purposes. Ohio would also treat the home exempt if it was put up for sale with a real estate agent. These provisions were vital for individuals with homes to obtain and maintain Medicaid eligibility as an individual can only have $2,000 in countable resources.
Effective August 1, 2016, Ohio has eliminated the 13 month exemption and the exemption for putting the home on the market for sale with a real estate agent. Instead, it has provided a single individual who owns a home with only one primary means of having the home treated as an exempt resource, a signed statement in compliance with the new administrative code.
Compliance requirements are rigid and interpretation of this recent administrative change can and most likely will change. Hence, if you or a love one is receiving or seeking long term care Medicaid and own a home, you are strongly encouraged to contact a Cleveland Medicaid Lawyer for guidance.