How can it qualify for medicaid?
What does it take to qualify for Medicaid status in nursing homes?Medicaid is a provide medical care for low-income people.It also pays for nursing home care for low-income elderly and disabled people demanding type of nursing health care recipients.
Qualify for Medicaid, you must meet the means test.Your income and assets must be to a certain extent, depends on your personal status.Most country use the poverty guidelines as a yardstick to determine the percentage of qualification.
When someone applies for Medicaid to cover the nursing homes costs — http://kaijiancare.com/Front/Index/kjFront/kjType/2/category/16?l=us, workers will be the investigation of the financial situation to help decide whether the applicant to meet a condition report.Income includes wages and pensions, and assets include items such as savings, car, house all valuables and may belong to the applicant.
Determination to the applicant if assets income exceeds set a number of criteria, he or she could have entered as a private nursing home residents pay and “cost” of these assets.This may involve selling these assets. Use cash pay the bill for the nursing home.
Most of the nursing home accept Medicaid payment will be able to help patients or families with the application process.If you have a spouse will not live in a nursing home, they don’t need to be poor in order to pay for care, such as sales cover care family), but the medicaid may need some “return” after nursing that spouse has passed on by billing the estate.
Note that Medicaid regulations don’t allow you to give up your money (for example, your children or grandchildren) for Medicaid.Medicaid achieves five years now, in fact, “look back”, that means Medcaid will check all of your financial transactions over the past five years at least.If you have borrowed or transfer money to anyone in this five years, you will be penalized by a delay medicaid eligibility.
