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Is there some asset limit before the department of social services will consider my application for medicaid assistance?

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Is there some asset limit before the department of social services will consider my application for medicaid assistance?

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Usually your assets will have to be below a certain limit before you can be considered for medicaid. In New York State, the limit is $80,000 for community cases and $3,700 for chronic cases in a skilled nursing facility. Long Term Care Insurance FAQ FAQ FAQ FAQ FAQ (by Kathy Mancini Moore, ).

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