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Key Medicaid Figures for South Carolina
HOME EQUITY LIMIT
$688,000
The state Medicaid program will not cover long-term care services for those with home equity above this limit, with certain exceptions.
Estate Recovery
YES - he state has expanded the definition of "estate" beyond the probate estate.
YES - the state has included a hardship provision in its estate recovery plan.
PROTECTIONS FOR THE COMMUNITY SPOUSE
Community Spouse Resource Allowance (CSRA):
$148,620
TRANSFERS
$8,797.11 ($289.22 per day)
Figure used to calculate transfer penalties
YES - a Long-Term Care Partnership program has
been implemented.
ASSETS
$2,000
Resource limit for Medicaid recipients
NO - IRAs and other retirement plans are not protected (noncountable)
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