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.
Answer: Probably not. Under the 60-month Lookback Rule, eligibility for Medicaid may be denied if the person going into the nursing home transferred assets for less than fair market value within 60 months before his application for Medicaid benefits.onât rely on your children to âdo the right thingâ and hold the assets for you in case you need them. See Question 11 below and our âPitfalls of Giving Away Your Homeâ for some good reasons why you should not give away your assets.