Medicaid normally requires that a person’s income be used to offset the cost of long-term care in a facility. Virtually all of that person’s income must be paid to the facility each month. Medicaid then pays the balance of that…
Tag: Medicaid spousal support
Married Couples Can Now Protect More Assets
The cost of long-term care is catastrophic. If a husband or wife needs long-term care then the family’s assets are quickly depleted on the cost of that care. Once the assets have been spent down then the family can acquire…
Medicaid Laws Change on July 1, 2020
Most nursing homes in New Jersey charge at least $130,000 per year for a basic semi-private room. Medicaid will help pay for that person’s care but only after their assets and life savings have been depleted. If a spouse is…
Change in Medicaid Laws: Minimum Amount Increases for Healthier Spouse
When a healthier spouse requires long-term care in a nursing home facility, then that care can quickly deplete the family’s life savings. Fortunately, there are federal and state laws that prevent the healthier spouse from being impoverished. When a spouse…
Read More Change in Medicaid Laws: Minimum Amount Increases for Healthier Spouse
Medicaid’s Determination of Spousal Support
The calculated Medicaid spousal support when the husband or wife enters into a nursing home facility is often inadequate because Medicaid regulations base support on the poverty line for a family of two. If a spouse is not pleased with…
