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re: Medicaid 5 Year Look Back Advice/Loop-Hole?

Posted on 2/4/19 at 9:45 pm to
Posted by Dupont3
Keithville
Member since Nov 2011
1729 posts
Posted on 2/4/19 at 9:45 pm to
I think my post was misunderstood...I do understand that is her money to use on her. The point was to save any assets that we could.

I was under the impression that Medicaid would pay a portion of any nursing home/situation.

She currently has about 180,000 in assets, which includes her house. She will receive around 2,000 a month from SS, disability, etc. I figured that would help alleviate the cost of a nicer facility, along with her assets being used until Medicaid could kick in.
Posted by Dupont3
Keithville
Member since Nov 2011
1729 posts
Posted on 2/9/19 at 7:05 pm to
Bump
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7157 posts
Posted on 2/11/19 at 9:08 pm to
No... She is allowed to use her home as long as necessary, but must otherwise be considered indigent.

Lot of caveats, but do yourself a favor and see a professional
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