If a person provides gifts within five years of a Medicaid application then he or she will be denied Medicaid assistance for a period of time known as the penalty period. The penalty period is calculated by taking the value…
Tag: nursing home facility
Law Increases Maximum Support for a Spouse
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…
Increase in Medicare Co-Payment for Skilled Nursing Care
Medicare is not long-term care insurance. Medicare does not pay for long-term care, other than a portion of the skilled care that an individual may require after a stay in a hospital. According to the Medicare statute, if a person…
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New Jersey Changes Calculation of Penalty for Gifts
If a person provides a gift within five years of the Medicaid application, then there is presumption that the gift was provided for the purpose of establishing Medicaid eligibility. A person has the right to provide “convincing” evidence that the…
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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…
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