In the state of Texas, requirements for obtaining Medicaid include being a permanent resident of Texas and a citizen of the United States. Applicants must also meet income requirements and be in one of three categories: at least 65 years of age or older, blind or have a permanent disability.
The income requirements for Medicaid eligibility in Texas are based around the federal poverty level, as well as household size. In Texas, applicants can't have a monthly income that is over 19 percent of the federal poverty level; a single person cannot have an income of more than $2,022 per month, as of February 2015. However, there are separate income limits for pregnant women and families with small children.
Texas Medicaid eligibility also has guidelines for how much an applicant can have in assets. For example, an applicant cannot have more than $2,000 in assets; however, there are exemptions made for the value of a home, a vehicle, burial plots and some life insurance policies.
Medicaid recipients should expect an annual review of their finances in order to determine if they still meet the eligibility guidelines. Income can include Social Security payments, income earned from employment, pensions and even interest earned on a checking or savings account.