MEDICAID PLANNING
Medicaid planning is a means of working within all applicable laws to set aside savings for the benefit of nursing home residents who will otherwise be economically devastated by the exorbitant cost of private nursing home care. By preserving savings, implementation of a Medicaid plan allows the resident continued access to the many things not otherwise covered by nursing home Medicaid. For example, items not within the scope of Medicaid coverage include a private room (often medically necessary for residents with behavioral issues arising from advanced dementia), companion caregivers (to supplement the personal care provided by overworked nursing home staff), geriatric care manager services, eyeglasses, dentures, hearing aids, beauty shop visits, cable television, a telephone line, and all other personal necessities.
Medicaid Planning makes sure our clients who need the most assistance with daily living activities, get the best possible care, in the most cost-effective manner.
Dangers of No or Ineffective Medicaid Planning
Medicaid eligibility can be effectively lost due to poor planning and improper asset transfers. It is also dangerous to depend on hearsay, rumor, or what your best friend tells you about Medicaid eligibility. It is complicated.
You may have been told by others that you have to "spend-down" your assets to $2,000 in order to qualify. Doing so, without proper planning, may leave you unable to provide the care you need for yourself or your spouse during an incapacity or after death. Proper planning may avoid this.
We can help you navigate through the complexities of Medicaid laws and rules. Medicaid choices are just too important to leave to chance.
Medicaid Planning makes sure our clients who need the most assistance with daily living activities, get the best possible care, in the most cost-effective manner.
Dangers of No or Ineffective Medicaid Planning
Medicaid eligibility can be effectively lost due to poor planning and improper asset transfers. It is also dangerous to depend on hearsay, rumor, or what your best friend tells you about Medicaid eligibility. It is complicated.
You may have been told by others that you have to "spend-down" your assets to $2,000 in order to qualify. Doing so, without proper planning, may leave you unable to provide the care you need for yourself or your spouse during an incapacity or after death. Proper planning may avoid this.
We can help you navigate through the complexities of Medicaid laws and rules. Medicaid choices are just too important to leave to chance.
