Medicaid – Law Office of Donald B. Mark

Medicaid Income Cap 2023

Posted by markelderlawon March 21, 2023in Medicaid

Medicaid has strict rules with respect to eligibility requirements for assistance to pay for a person’s long-term care. An individual must satisfy the resource and income requirements for Medicaid eligibility. New Jersey requires that an individual’s gross monthly income be…

Medicaid Changes the Maximum Spousal Support for a Healthier Spouse

Posted by markelderlawon March 1, 2023in Medicaid

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…

Medicaid Now Allows the Healthier Spouse More Assets

Posted by markelderlawon February 22, 2023in Medicaid

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…

Medicaid Changes How the Spousal Support Is Calculated

Posted by markelderlawon January 20, 2023in Medicaid

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…

Custodial Accounts for Minors Should Be Exempt from Medicaid

Posted by markelderlawon January 3, 2023January 3, 2023in Medicaid

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. …