The IFAK was provided to all deployed and deploying units by the RFI. The IFAK is AAC âDâ (DoD Integrated Materiel).
There are many different eligibility factors that need consideration when applying for Medicaid. Among other stipulations, the Medicaid program has set strict asset limitations in order for an applicant to qualify. The asset limits differ depending on whether the applicant is single or married. Medicaid Asset Limits for an Unmarried Applicant. A single individual applying for Medicaid is allowed $2,000 in non-exempt assets. Non-exempt assets include mostly cash and savings. Medicaid Asset Limits for a Married Couple. A married couple applying for Medicaid is allowed $3,000 in non-exempt assets. Exempt Assets. Exempt assets are assets that Medicaid is not allowed to consider when determining an applicantâs eligibility. These assets have absolutely no limitation, as legally, Medicaid cannot look at them.
The catch is that Medicaid has a five-year âlook backâ period that can put you in a bit of a bind if youâve moved your countable assets into an irrevocable trust and canât get them back. You cannot qualify for Medicaid for five years after you transfer your property into the trust. If you transfer assets then need long-term care four years and 11 months later, youâre within this look-back period -- and you may not be looking at just a month of ineligibility until you reach five years.