My elderly Father who has schizophrenia and is on Medicaid. However - we discovered recently that he is entitled to $113 per month from a specific pension plan that has recently contacted him. I believe there is no cash-out option. How to we handle this to not be disqualified from Medicaid. Can he have this small pension as long as his total assets don't exceed $2000 at any time?
My dad is doing quite well at this time, simply needs the assisted living to make sure he is consistent with his meds, meals, and hygiene. We don't want to rock the boat or do anything to make things turn for the worse. Thanks for your ideas about caseworker and the knowledge that Medicaid likely would have found this issue if it was legitimate concern.
Medicaid is very thorough about checking what pensions the persons have. If they did not find this pension, I would suspect the call you got is not for real.