do they split their assets, his and hers? They own a home worth aprox. 250,000.00 they are trying to sell. They are both in a assisted living facility now but my Mother will need nursing home care soon. This will cost them 10,000.00 a month. How is their money disbursed when the home sales? do they each get half of the cash and when their half is gone does medicaid kick in for the one who runs out first? Anybody know how this works.? Medicaid will not answer my questions until I apply for them and the clock starts ticking. this is very confusing...Help
Medicaid for NH is dedicated (in law & required) funding BUT for AL it is a Medicaid wavier so funding is not assured. Many states do not ever pay for AL through medicaid; other states limit the # of waviers; others have long waiting lists for waivers; or have moved funding to PACE type of programs.
If you get mixed signals on this, I'd suggest you look into whether they both could qualify medically for a NH so they move in tandem & both apply for Medicaid and have already met with elder law atty & set up he trust Pam suggested. Perhaps there could perhaps be some reasonable tweaking on dads health chart to show need for skilled nursing care.