Boy, you wouldn’t want to be in a nursing home in a Medicaid Bed because you’re not going to get the same quality of care as somebody who is there paying for that care privately. This is simply not a true statement for a number of reasons. The term Medicaid Bed is a financial term […]
Married Couples and Medicaid: Establishing Eligibility is Much Easier and Can Happen Much Sooner than You Probably Think
With the help of a good Elder Law attorney, establishing eligibility for Medicaid for a spouse in a nursing home can occur much sooner and is much easier to accomplish than what you might expect. Within the Medicaid eligibility rules, there are plenty of opportunities for achieving this. Because of the way the income rules work […]
Are Birthday And Holiday Gifts Included In The Medicaid 5-Year Look Back?
If you’ve looked into Medicaid eligibility at all, you are probably aware there is something called a look-back period, which basically says that gifts and other transfers of assets for less than fair-market value that are made within five years before someone applies for Medicaid will cause a transfer penalty, which can cause a delay […]
Does Medicaid Pay For Long-Term Care Other Than In A Nursing Home?
The types of long-term care Medicaid is available to cover and pay for differs between Illinois and Missouri. While in both states, Medicaid pays for nursing home care in a nursing home (Medicaid bed), beyond that the two states differ significantly. In Illinois, there are some assisted living facilities that have been certified as supportive living facilities and they are […]
Medicaid Asset Allowance Increase In Missouri, But Not Illinois
One of the central concerns people have with regard to Medicaid is: How much in assets can someone keep and be eligible for Medicaid? In Illinois, the Medicaid asset allowance for a single person has been $2,000. For a long time Missouri was stuck being one of the lowest of most states in the country […]
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