I would like to know what are Resident Trust Fund Statement?
Legally binding. I have been getting Resident Trust Fund Statement for the VA nursing home saying that I had no shortage. Last month I get a bill saying that I had not paid my fathers RX bill from Oct 2018 after showing I had been paying the bill. They said that I had missed a Care payment back in Oct 2016 none of the Resident Trust Fund Statement reflects a miss payment for the last three years.
If Mom is on Medicaid they should be paying for her Meds. I would ask the billing office for somekind of statement so u can review it.
The nursing home where my Mom lived has a "Resident Trust Fund" for each resident. It acts like a Savings Account. The resident or his/her family deposits around $50 every couple of months and the resident can withdraw the money from the "Trust Fund" whenever needed to pay for the in-house hairdresser, to purchase items from the in-house "Boutique", or use the money to attend activities outside of the facility that the Activity Department has scheduled, such as eating a meal at a fast food restaurant or attending a play or movie.
The "Resident Trust Fund" is not used to pay for the resident's "Room or Board" or the Pharmacy for any prescribed medications.
Apparently your parent's "Resident Trust Fund" is set up differently.
My mother has the same type of Resident Trust Fund at her nursing home. But, I do remember reading the fine print when we established that account and it said that if there was a medical charge or medical supply charge for anything done at the nursing home that was not covered by any insurance then the nursing home could take the funds from the Resident Trust Fund. It has never happened, because Medicare and Medicaid cover everything.
But, just writing about it because I remember asking a lot of questions about it in the nursing home finance office.