Good question. Yes, you should be able to accumulate savings above the $115,000 resource allowance. I always compare this limit to dancing the limbo. You have to get under it so that your husband can be eligible for Medicaid, but after he has been approved you no longer have to stay under the limit. My only concern is that while this is the general rule, there may be some states that have a different regulation. To be sure, you’ll need to consult with an elder law attorney in your state.
To find an elder law attorney near you, click here.
For more on Medicaid's protections for the healthy spouse, click here.