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Tag: Medicaid laws

01Jan

Medicaid Allows a Spouse to Keep More Assets in 2024

Posted by markelderlawon January 1, 2024January 1, 2024in Medicaid
husband and wife at top of mountain looking at each other

The cost of long-term care can be catastrophic.  Families have lost virtually all of their life savings due to the tremendous cost of long-term care in a facility.  Fortunately, there are a number of laws that protect a healthier spouse…

Read More Medicaid Allows a Spouse to Keep More Assets in 2024

22Feb

Medicaid Now Allows the Healthier Spouse More Assets

Posted by markelderlawon February 22, 2023August 4, 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

02Dec

New Jersey Changes Medicaid Law Concerning Spousal Support

Posted by markelderlawon December 2, 2022December 2, 2022in Medicaid
grandparents building a gingerbread house with their grandchildren

In most cases where an individual receives Medicaid and is in a nursing home facility, the New Jersey Medicaid agency will require that the person’s monthly income be paid to the facility.  The balance of the cost of long-term care…

Read More New Jersey Changes Medicaid Law Concerning Spousal Support

09Sep

Medicaid Has Two Snap-shot Dates for a Married Couple

Posted by markelderlawon September 9, 2022August 4, 2023in Medicaid
husband and wife sitting on beach with arms around each other

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

03Jun

Change in Medicaid Laws Protect More Assets for Married Couple

Posted by markelderlawon June 3, 2022in Medicaid
elderly woman with husband on bench

The cost of long-term care can be catastrophic.  Many families deplete their life savings and assets on the cost of this care.  Fortunately, there are federal and state laws that protect the healthier spouse from being impoverished.  These laws and…

Read More Change in Medicaid Laws Protect More Assets for Married Couple

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