Solving the Financial Component to Senior Relocation, Living and Care.
Get help qualifying for Medicaid
Medicaid and Medicare are two entirely separate health insurance programs. In a nursing home, Medicare will only cover you as long as you came to the nursing home directly from a hospital for at least a 3-day stay and require skilled nursing, physician or rehabilitation services every day. “Custodial care” – e.g., help with personal care, with daily activities or with taking medications – is not enough for Medicare to pay your nursing home bills.
Medicare will pay most (if not all) of the high cost of nursing homes provided you are rehabilitating. As Medicare checks on your rehabilitation they will pay up to 100 days in a rehabilitating situation. However, if rehabilitation ceases, Medicare will stop benefits and you become a private pay patient.
This is so misunderstood by so many people we meet. Even more misunderstood is the "You have to much money and need to spend down for Medicaid" statement that is misspoken every day by skilled nursing facilities, social workers and even the Medicaid offices themselves.
The fact is, Estate Protectors can help protect your assets if you are over resourced so you can still qualify for Medicaid:
In most states, an individual can only have a home, a car, a burial plot, $1,500 in cash value in a life policy and $2,000 in their name. Most people we meet and have assisted in Medicaid approval have had a fair amount more than that at a time of need.
Estate Protectors specializes in wealth transfers and does so according to the code for Medicaid and expedites the time in which benefits will be paid.
For a married couple, the numbers are different and we can assist you in determining your options for qualification.
There is so much incredible detail to this type of planning, a web page can not be used to convey it.
Since 1998, our track record on case approval is 100%
Qualification is just the half of it. Once anyone is on the Medicaid benefits, the benefits start out as a loan as care is being mostly covered by Medicaid. When the recipient of benefits dies, the loan becomes a lien, as the State will be asking for their money back from the estate. If there are assets still in the recipient's name, the lien will come from those assets, known as Medicaid Recovery. In ALL of our cases, never has there been a dime of recovery paid. If the estate has no assets in the recipient's name after death, then there is nothing to recover on and the lien becomes a grant. We simply transfer usually the remaining asset, the home before death occurs.
If you don't know if you qualify for Medicaid, please call us.
If you have been told you have too much money to qualify, please call us.
If you are wanting to discuss pre-plannning for such a health crisis and your ability to qualify for Medicaid, please call us.
To get our Free White Paper on this subject, please fill out the contact information on this page and we will schedule a consultation with you and your family.
Since 1965, every paycheck you have received was reduced by Social Security tax. If you are ill enough and need a nurse, would you be interested in getting some of your tax dollars back to pay for that care?