My mom is in a NH currently paid by Medicaid. She received the Covid stimulus payment deposited directly to her checking account. This will effect her Medicaid status. I don't see anything on the sites regarding what to do with this extra money and speaking to anyone is impossible. I'm sure she's not the only one. Does anyone know what to do with these funds?
https://www.agingcare.com/search?term=COVID%2C+stimulus+payments%2C+Medicaid
I hope these other posts offer some insight. If not, just post again and raise the issues that haven't yet been addressed.
And best wishes to your mother and you for safety during this trying time.
The funds from the stimulus payment will be deferred by Medicaid and not counted as changing anyone's Medicaid status for about one year, or, at the end of this year.
Use the funds for the benefit of your Mom only. Think it out. Don't panic or be in a hurry to spend the money.
Anyone can look this up to confirm.
It is like when the DMV will offer a temporary license renewal,
and law enforcement has agreed to not cite someone for having an expired license---if the dates are within their guidelines.
In a blog post, the commissioner of the Social Security Administration (SSA) has clarified that the SSA will not consider stimulus payments as income for Supplemental Security Insurance (SSI) recipients, and the payments will be excluded from resources for 12 months. Because state Medicaid programs cannot impose eligibility requirements that are stricter than SSI requirements, the payments should not affect Medicaid eligibility.
from the world wide web, author unknown.