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Will Medicaid Go After a $200 Checking Account?
My mother-in-law passed away recently. She was a permanent resident of a nursing home and was receiving Medicaid and Social Security benefits. At her death, she had no assets other than a small checking account (less than $200, and no one else is listed on the account). There was no will and no named executor. Can Medicaid try to recover funds paid in such a situation?
Based on these facts, Medicaid may have a claim against the bank account, but it’s also probably not worth their trouble to go after it. It may not be worth yours, either, depending on what the bank and your state’s probate laws require to liquidate the account.
For more on Medicaid's power to recover benefits paid, click here.