It’s no secret that state (and federal) budgets are severely stressed. While lawmakers look for revenue and cost-cutting measures, Medicaid services are coming under scrutiny. Managed care plans are becoming increasingly popular as one way to cut Medicaid costs. Currently six states require the elderly and disabled who need long-term care to enroll in a managed care plan. At least 10 other states are reportedly considering the same, according to a recent article from The Kaiser Health News. Traditionally, states pay Medicaid providers directly for individual services. Under managed care, states pay health insurers a fixed monthly fee for each…
The $90.00 personal allowance reduction is not countable as income towards Medicaid, M21-1MR, Part V, Subpart iii, Chapter 3 1. General Information on Pension Reductions for Medicaid-Covered Nursing Facility Care Change Date May 14, 2007 a. Provisions for Pension Reduction 38 CFR 3.551(i) limits to $90 per month the amount of Improved Pension that can be paid to a veteran (or surviving spouse) with no dependents who • is in a Medicaid-approved nursing facility, and • is covered by a Medicaid plan for services furnished by the nursing facility. No part of the $90 monthly Improved Pension may be used…
Senior Life Care Planning helps seniors plan for their future and for what happens after they pass away. While it’s not a subject that people enjoy talking about, it’s a necessity for seniors. We help elderly people with all aspects of their current life and assets. One of the biggest areas we can help seniors with is Medicaid planning. Because Medicaid laws are constantly changing, it’s important to start the planning process as early as possible. We help seniors qualify for Medicaid and the benefits that come along with it. Estate planning is another area in which we can help…
Caring for elderly parents can become a family affair. Oftentimes family members question whether parents can “legally” pay for the help they receive from relatives. The short answer is yes, but you’ll need to make sure you follow some important guidelines. OurParents.com recently published an article for handy reference; here are their points on how an elder can pay a relative for care services at home. Gifts. Yes, parents can make gifts to a relative out of appreciation for care and assistance. But be careful. If your parent eventually needs Medicaid to help pay for long-term nursing care, any gifts…
To be eligible for hospice a physician must certify the patient to be terminally ill with a life expectancy of six months or less and treatment for a cure is no longer provided. The focus for the patient has changed to supportive care and quality of remaining life. Hospice is paid for by private insurance, Medicare or Medicaid Hospice Benefit or personal funds. Here are the conditions that apply for Medicare Hospice Benefits: You are eligible for Medicare Part A (Hospital Insurance) Your doctor and the hospice medical director certify that you’re terminally ill and have 6 months or less…
As the aging demographic increases, more state and national resources are being shifted to taking care of seniors Medicare, Medicaid, Nursing Homes, Assisted Livings and Home Care agencies. Consequently, as more and more residential and service organizations are formed who do you trust to take of your aging parents? We at Senior Life Care Planning help seniors and their families independent and professional advice on your parent’s needs, requirements, how to pay for care, and their goals. Consequently, we can help you alleviate the fear of your parents and yourselves, with caring and compassionate professionals. It’s really important that you…
The veteran, if qualified for Medicaid, will receive $90.00 for personal needs only. This is non-countable by Medicaid; however, some Medicaid agencies make it countable income. Additionally, $90 is only for single claimants; not married veterans. However, if the community spouse has sufficient Unreimbursed Medical Expenses, and the veteran’s out-of-pocket expenses, this offsets total household gross income. Therefore, if the veteran is on Medicaid, continues to receive the full pension plus Aid and Attendance of $1,949.00 per month. For more in to increase your monthly income, please contact us about a FREE HANDBOOK about VA Benefits, written by David Wingate,…
Senior Life Care Planning has worked with countless individuals, couples, and families as advocates for their rights, care and proper services. We provide care advocacy services and have facilitated, our clients, to qualify for Medicaid benefits to cover long-term nursing home expenses. Paying for skilled nursing and rehabilitation care can cost approximately nine thousand dollars each month. We considerably reduce and have often eliminated these financial stressors, while sustaining a superior standard of living for spouses and protecting a family’s assets.
Frederick, MD 
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