New Jersey Finally Updates Medicaid Divisor
As most people know, in order to qualify for Medicaid, one must have no more than $2000 in countable assets. But to get under that limit you cannot simply transfer assets out of your name, or gift them. That’s because Medicaid imposes a penalty – a waiting period actually –
The Difference between Obamacare and Long Term Care
I am often questioned about how Obamacare has affected long term care and Medicaid. My answer is that it really hasn’t at all because mostly Obamacare addresses this country’s health insurance problem. The Medicaid programs that pay for long term care haven’t changed as a result of the Affordable Care
Think the State will Help You? Think Again
For as long as I can remember, I have explained to clients that although Medicaid covers long term care in non-nursing home settings under what is now known as the Global Options program, it is very difficult to qualify and even if you can meet the requirements, more times than
When Disputing a Bill can Cause You to Lose Medicaid (Part 2)
Last week I was telling you about Sheila’s call. Her husband Sam needs nursing home care and they have very little to spend down, approximately $33,000. Sheila would be able to keep the rest, not a whole lot for her to live on. But, she would need to act quickly and