Estimated yearly income 18,000, got denied ACA, sent to Ohio Medicaid. I have ~40,000 in money market account and in-laws pay monthly rent. Will I get denied Medicaid?

I quit my corporate job and am currently self-employed. I applied to marketplace insurance for spouse and me, estimating 18,000 yearly income because YTD I’ve made 17,000 with previous employer and I’m not sure how much I’ll make this year w/ my small business since it’s just starting and not making anything yet. Spouse and I have approximately 40,000 in savings and rent is paid by my spouse’s parents because spouse is in graduate school and not making any income. Ohio medicaid said they hadn’t received my application from marketplace, so I went ahead and filled out the application directly with them, including details such as the money we have in our bank accounts, money received as “gift” from parents for paying rent, loans for grad school, etc.

Will we be denied medicaid due to the amount we have in savings and the gift money received? If so, I’d rather redo the marketplace application and get insurance because we have a lot of monthly medical expenses and can’t go a month and a half without insurance. (Ohio medicaid site says approval takes 45 days.)

COBRA coverage through my previous plan is $1500/month and we haven’t even met our high deductible with that insurance plan, so our costs would be very high for June/July if I do COBRA while waiting for medicaid.

Hoping someone can help me know if I shouldn’t waste time waiting for medicaid. When I did the marketplace application, I read somewhere not to count gifts as income, but if I did count the amount my in-laws give us for rent each month, I don’t think we’d qualify for medicaid and then I could go back to the marketplace. Trying to figure this out before 5/31 so we can have some sort of coverage for June!