How Does Life Insurance Affect Medicaid? 
That is a great question ! A lot of the answer depends upon where you live , and what kind of policy , and its amount that you have . The Affordable Care Act -LRB- Obamacare -RRB- made some of the rules change in the States that opted to include Medicaid expansion . If you are fortunate enough to live in one of those States , you caught a break . If you do n't , then Medicaid will consider the cash value in your policy , over a certain amount , and take it . That said , if you have not filed for Medicare/Medicaid yet , there are ways that you can protect yourself.Most willrequire some lead time , -LRB- 60 months -RRB- but there are ways to do it more quickly if needed . Please contact me , and we can discuss your situation privately . Thanks for asking ! 