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Who Qualifies for Assisted Living Financial Assistance in New Mexico?

Date Updated: July 26, 2024

Written by:

Rachel Lustbader

Rachel Lustbader is a writer and editor with a background in healthcare and technology. Her work has been published on websites including HealthCare.com, BiteSizeBio.com, BetterHelp.com, Caring.com, and PayingforSeniorCare.com. She studied health science and public health at Boston University.

Both of Rachel’s grandmothers had very positive experiences in senior living communities, and Rachel saw firsthand the impact that kind, committed caregivers and community managers can have on seniors’ and their family members’ lives. With her work at Caring, Rachel hopes to help other families find communities, caregivers, and at-home products that benefit elderly loved ones and make life less stressful for family caregivers

Seniors who qualify for assisted living financial assistance in New Mexico satisfy eligibility criteria regarding their age, residence status, income and asset holdings. The state Medicaid program, which is called Centennial Care, operates managed care programs under which eligible seniors can receive diverse care services while residing in New Mexico’s assisted living facilities.

How to Qualify for Assisted Living Financial Aid in New Mexico

To qualify for financial aid for assisted living in New Mexico, seniors must meet the following criteria:

  • Be aged over 65
  • Be a U.S. citizen or legal noncitizen
  • Be a permanent resident of New Mexico
  • Not own assets that exceed the maximum of $2,000
  • Earn no more than $2,742 each month
  • Have a disability or other limitation that necessitates help with at least two activities of daily living

Eligible individuals must sign up with a managed care organization.

Assisted Living Services Covered by Centennial Care

The assisted living services covered by Centennial Care include medical and behavioral care, as well as long-term support services as needed. It doesn’t pay for the costs of housing accommodations or meals for residents of assisted living communities. As it’s designed to prevent or delay nursing home admission, Centennial Care typically covers services such as help with personal care and everyday activities, domestic duties, meal preparation and basic medical care.

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Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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