Justin, My mother moved into a nursing home a few months ago and began privately paying the facility after their business office told her that she had no chance of qualifying for Medicaid until she spent her entire savings on care. After reading some of your articles I feel like we have been misinformed.
Mary hadn’t slept well in days. Her husband, James, was in the hospital, and the doctors recently told Mary that he would need the 24 hour care of a nursing home after discharge. Mary’s primary concern was obviously for James’ health, but financial concerns also weighed heavily on her mind.
Many people are aware of the fact that Medicaid has a five year look back relating to the transfer of assets by a Medicaid applicant.
It had been a long time since Ross spent any significant amount of time with his dad, Jack. Like everyone else, Ross was busy with work and kids, and he didn’t make it by to see his parents as often as he would have liked. More out of guilt than anything else, Ross canceled on several commitments he had made for Super Bowl parties this year so that he and his son could sit and watch the game with his dad.