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Author: markelderlaw

01Mar

Medicaid Changes the Maximum Spousal Support for a Healthier Spouse

Posted by markelderlawon March 1, 2023in Medicaid
elderly woman hugging her husband among field of flowers

When a spouse enters into a nursing home facility, a portion of his or her income may be paid to the healthier spouse but it is based upon complex Medicaid rules and regulations.  The regulations refer to an award of…

Read More Medicaid Changes the Maximum Spousal Support for a Healthier Spouse

22Feb

Medicaid Now Allows the Healthier Spouse More Assets

Posted by markelderlawon February 22, 2023in Medicaid
man and woman holding hands walking in winter coats

There is a tremendous cost associated with nursing home care for a spouse.  Most nursing home facilities charge approximately $12,000 to $13,000 each month for a semi-private room.  Medicaid will pay for nursing home care, but only after the family’s…

Read More Medicaid Now Allows the Healthier Spouse More Assets

06Feb

Personal Needs Allowance Has Increased for Assisted Living Residents

Posted by markelderlawon February 6, 2023in Nursing Homes
elderly hands resting on a cane

When a resident of an assisted living facility receives Medicaid assistance, then virtually all of his or her income must be paid to the facility each month.  That person, however, is allowed to use his or her income to pay…

Read More Personal Needs Allowance Has Increased for Assisted Living Residents

20Jan

Medicaid Changes How the Spousal Support Is Calculated

Posted by markelderlawon January 20, 2023in Medicaid
husband and wife holding hands in the snow

Most residents in a nursing home facility must use all of their monthly income to contribute to the cost of long-term care.  Medicaid then pays the balance of that care.  A nursing home resident, however, is allowed to keep $50.00…

Read More Medicaid Changes How the Spousal Support Is Calculated

03Jan

Custodial Accounts for Minors Should Be Exempt from Medicaid

Posted by markelderlawon January 3, 2023January 3, 2023in Medicaid
Mother and father pulling kids in sleds in the snow

According to the New Jersey Medicaid regulations, an individual is not allowed to own more than $2,000.00 of resources.  A resource includes any bank accounts, checking accounts or other investments that are in the control and accessible to that person. …

Read More Custodial Accounts for Minors Should Be Exempt from Medicaid

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