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Key Medicaid Figures for Illinois
HOME EQUITY LIMIT
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$636,000
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The state Medicaid program will not cover long-term care services for those with home equity above this limit, with certain exceptions.
Estate Recovery
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YES - he state has expanded the definition of "estate" beyond the probate estate.
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YES - the state has included a hardship provision in its estate recovery plan.
PROTECTIONS FOR THE COMMUNITY SPOUSE​
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Community Spouse Resource Allowance (CSRA):
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$109,560
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TRANSFERS
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$10,732.83 ($352.86 per day)
Figure used to calculate transfer penalties
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YES - a Long-Term Care Partnership program has
been implemented.
INCOME
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$30
Monthly personal needs allowance for nursing home residents
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ASSETS
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$2,000
Resource limit for Medicaid recipients
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NO - IRAs and other retirement plans are not protected (noncountable)
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