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Notes -
I feel obligated to point out a loophole that people constantly fail to mention: you alternatively can demonstrate monthly income equal to 80 hours of work at the federal minimum wage of 7.25 $/h (580 $/mo, 6960 $/a). This allows many "unemployed young men mooching off the system" to still qualify on the strength of the dividends from their investments. See ยง 71119 of the text.
Purely out of curiosity - can you mix and match income sources here?
Eg: could a live at home guy make $3,000 from door dash, $3,000 from stock dividends on an inheritance, and $1,000 from interest in a savings account and qualify?
A quick reading seems to suggest he could.
I don't see why not.
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Surely these programs have net worth caps far too low to be able to generate $7k a year. I looked it up and some seem to have a primary home exemption, but securities I doubt are included.
Medicaid-subsidized nursing-home care has an asset limit of around 2 k$ (plus house of around 550 k$). Medicaid-subsidized health insurance has no asset limit at all.
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