In order to know for sure, you will need to apply; however, knowing the basic eligibility requirements ahead of time helps. To qualify for Medicaid to help cover nursing home expenses in Florida, you are generally required to be a U.S. citizen; however, there are several other status categories that are also potentially eligible for Medicaid. You must be in need of the type of care that only a nursing home can provide and you must meet the income limit requirement. The income limit changes each year and is tied to the Federal Poverty Level for your area and household size. The biggest obstacle to Medicaid eligibility for seniors who failed to plan ahead is the “countable resources” limit. To qualify for Medicaid, you may not have countable resources, or non-exempt assets, valued at over $2,000.