By skyforbes Hi, thanks for reading.
I live in NY state in a single person household and am disabled receiving SSDI as my only source of income. It's about $1600 a month. My interest is in doing some of my writing and earning a little monthly income with it. Not so much as to be running a business, but maybe around $500 dollars a month with some more, some less. Reported to the IRS on a 1099.
My current understanding of how Medicaid (in NY) would count my monthly income is as follows:
SSDI – $1600 minus $20 disregard = $1580
Earned Income – $500 minus $65 disregard with remainder divided by half = $217.50
Total Counted Medicaid Income = $1797.50
Is this correct? Does NY Medicaid still use the same disregards as I've put here? $20 unearned, $65 earned for a disabled person? Then half the remaining earned?
related to this, for my Medicare Savings Plan, the 1797 would qualify me for dual eligibility or QMB. If I were to exceed the income limit for a month and report it, will they right away put me onto the QI MSP? If I then am UNDER the limit in subsequent months and report it… do they put me BACK on QMB?? I am confused by frequency of reporting requirements, and how they handle these "level changes" in MSP's when someones sporadic income keeps pushing them above or below an income limit.. Sorry for so many questions, but I feel it'll be easy for an expert, thank you!
