From the Chicago Sun-Times:

A new Illinois law increases the amount of income and assets that workers with disabilities can have before they become ineligible for Medicaid insurance.

The changes are significant because not every job offers health insurance, and people with disabilities are most often not able to get private insurance with adequate coverage. Many people with disabilities across the country are not able to work as they might like for fear of jeopardizing their Medicaid health coverage.

Previously, Illinois’ annual income limit for Medicaid coverage was about $21,000 for individuals, or $44,000 for a family of four. It has been raised to $38,000 for an individual, or $75,000 for a family. The new law also allows workers with disabilities to have up to $25,000 in assets instead of $10,000.

“With these limits, you can go into a position that would move you into the middle class,” said John Coburn, senior policy attorney for a disability advocacy group in Chicago.

This entry was posted on Tuesday, February 17th, 2009 at 4:22 pm and is filed under Medicaid/Medicare, News_2_Use, employment/jobs, insurance, personal finances. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.