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…
Tag: Medicaid eligibility
Custodial Accounts for Minors Should Be Exempt from 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. …
Read More Custodial Accounts for Minors Should Be Exempt from Medicaid
Medicaid Has Two Snap-shot Dates for a Married Couple
When a spouse enters into a long-term care facility, the cost of that care can be catastrophic. Fortunately, there are federal laws that protect the healthier spouse from being impoverished. According to the federal statute, there are two important dates…
Read More Medicaid Has Two Snap-shot Dates for a Married Couple
Time Extension to Provide Documents for Medicaid
Many Medicaid applications in New Jersey are denied by the County Board of Social Services for failure to produce documents. It is often difficult to obtain voluminous financial records covering the five year look-back period. Based upon recent revisions that…
Change in Law Concerning Medicaid Penalty
When gifts are provided within the Medicaid five year look-back period, the County Board of Social Services will impose a period of ineligibility for assistance. This is known as the Medicaid penalty period. The duration of the penalty period is…
Law Office of Donald B. Mark 