Medicaid Rules for Eligibility

[@edwardyudkoff7137]

Excellent and thorough presentation. Thank you.

[@kahankerenskycapossela3629]

Thank you, Edward. We are happy to share this information.

[@Factchecker_Diplomat_007]

@@kahankerenskycapossela3629really great presentation indeed!

[@olgatalroze8732]

Thank you so much for all this incredibly helpful information

[@kahankerenskycapossela3629]

You are so welcome!

[@robmartin217]

Literally that cost will wipe you out completely

[@robmartin217]

Great Video

[@kahankerenskycapossela3629]

Thanks!

[@vickilindberg6336]

So no savings for your funeral? How about a life indurance policy just for funeral & death costs?

[@girlysuperville5060]

Hi I applied for mediCade one month ago my health insurance has number but I did not receive my ID card how long dose it take for the card to be sent to me

[@billligon4005]

My Revocable Living Trust was set up to avoid Probate in 2013. Are there conditions which preserve a $200K stock fund? Nursing Home care started March 2023.

[@kahankerenskycapossela3629]

It is unlikely your revocable trust provides any protection since the primary purpose for most revocable trusts is probate avoidance and not asset protection.

[@lookoutcam9614]

@@kahankerenskycapossela3629 revocable trust offer no protection for your assets when you apply for medicaid.. Irrevocable trusts are protected from Medicaid

[@robmartin217]

Medicare eventually will cover Long Term Care?

[@kahankerenskycapossela3629]

Medicare will only cover up to 100 days of long term care. Even then, there is no guarantee you will get the full 100 days depending on various other factors.

[@daveicc495]

Is a person’s ABLE account protected and /or considered as an asset

[@kahankerenskycapossela3629]

Generally speaking, ABLE accounts are not considered a countable asset for Medicaid eligibility purposes.

[@marcbills8228]

There is no reason to justify 13k a month for Nursing Homes. ICU, 100k to 300k per month. Healthcare Facility Owners and Partners are way out of control. 😢😢

[@MMMHUMMEL]

Can I buy interest in my child's home

[@kahankerenskycapossela3629]

To give a very lawyerly answer, it depends. It depends on the specific way in which the purchase is structured as well as the Medicaid rules of the state you are in.

[@michaelrowe9359]

What about pension income

[@kahankerenskycapossela3629]

If you are in a skilled nursing facility and are found eligible for Medicaid, the state will divert most or all of the pension income to the nursing facility to assist in covering the cost of your care.

[@elisabetta25sieradzki44]

Better be poor while being old thats conclusion