Great presentation and gentlemanly of you to share this knowledge with general public. Good on you! If you were Medicaid dependent and needed long term nursing care what state would you prefer to be in? Thx.
As a former home health nurse, my clients, of course, chose to stay in their home and hire private or in--home care assistant, an option I don't hear mentioned very often. At least they were able to keep the expenses down and not have to sell their home . But there is always taxes, insurance, utilities, maintenance, maybe mortgage. I found stats that indicated going into assisted living is still cheaper, but your next step is nursing home. Makes me dizzy!
Is the asset limit $2000 per single person or less than $2000? You said both as example for a single person. So what is the monthly income limit for a single person with income from Social Security and a Pension plan?
I have parents, mother is 75 in poor health ready for hospice, father is 92 doing ok (still drives), their total income is $1700 a month, they own a small old house worth maybe $30k in Alabama. The Hospice wants them to sell the house so they can get paid for their service. Father still lives there and doesn't want to sell the house. Neither them or other family members cannot afford the $4-6K a month for Hospice. Where do you go from here? apparently they don't qualify for Medicaid because they make $50 a month to much.
Wow $1700 a month sounds awful low for them not to qualify for Medicaid! Did they have more than $2000 in their checking account? Sounds like they may have had $2,050?! May want to look into a Miller Trust!
@@icie4u well rent alone here is one thousand dollars a month, and the seven hundred dollars would barely pay bills. We have to avoid getting my daughter her drivers license because our insurance would get even higher so we are just driving her to work.
A social worker specializing in elder care told me that Medicare will cover hospice if a doctor determines that there is less than 6 months to live. If the family member lives longer in hospice may or may not have to pay additional costs, depending on one's individual insurance plan.
so at one time, I had $1583.9 in my bank account. Rent is $1,000.00 I’m married but we are separated she lives in Canada 🇨🇦 So, I’m “good” Sadly I have 7 health issues Of them M. S. P.T.S.D.
Thanks for all the information. I’m 71 and I guess it’s time to deal with all this.
Great presentation and gentlemanly of you to share this knowledge with general public. Good on you!
If you were Medicaid dependent and needed long term nursing care what state would you prefer to be in? Thx.
As a former home health nurse, my clients, of course, chose to stay in their home and hire private or in--home care assistant, an option I don't hear mentioned very often. At least they were able to keep the expenses down and not have to sell their home . But there is always taxes, insurance, utilities, maintenance, maybe mortgage. I found stats that indicated going into assisted living is still cheaper, but your next step is nursing home. Makes me dizzy!
What is the name of the house for my claims
Thanks for this video! Very helpful! What about both couples are in the community but need Medicaid in case a big medical bill comes?
Look into what's called a qualified income trust.
How find podcast mentioned at 10;00?
Is the asset limit $2000 per single person or less than $2000? You said both as example for a single person. So what is the monthly income limit for a single person with income from Social Security and a Pension plan?
If you ever found an answer to this would you let me know?
Well done sir 👍
Thank you Shift!
I have parents, mother is 75 in poor health ready for hospice, father is 92 doing ok (still drives), their total income is $1700 a month, they own a small old house worth maybe $30k in Alabama.
The Hospice wants them to sell the house so they can get paid for their service. Father still lives there and doesn't want to sell the house. Neither them or other family members cannot afford the $4-6K a month for Hospice. Where do you go from here? apparently they don't qualify for Medicaid because they make $50 a month to much.
If he lives in the home, it is not to be counted as an asset.
Wow $1700 a month sounds awful low for them not to qualify for Medicaid! Did they have more than $2000 in their checking account? Sounds like they may have had $2,050?! May want to look into a Miller Trust!
@@icie4u well rent alone here is one thousand dollars a month, and the seven hundred dollars would barely pay bills. We have to avoid getting my daughter her drivers license because our insurance would get even higher so we are just driving her to work.
A social worker specializing in elder care told me that Medicare will cover hospice if a doctor determines that there is less than 6 months to live. If the family member lives longer in hospice may or may not have to pay additional costs, depending on one's individual insurance plan.
@@louisedavis4235 Thanks, but they both passed away last year.
So you want the best Medicaid on the planet?? Move to New York State!
so at one time,
I had
$1583.9
in my bank account.
Rent is $1,000.00
I’m married but
we are separated she lives in Canada 🇨🇦
So, I’m “good”
Sadly I have 7 health issues
Of them
M. S.
P.T.S.D.
WHAT A FUCKED SYSTEM::::