Question :: Who Pays for Long Term Care

Senior Assets at Twilight

My father is 67 years old, mortally obese and has less than $75,000 in assets. If he needed long-term care and ran out of his $75,000 in assets, who pays for his care? Will the care facility or the government come after me and my brother to pay for his care?

This question comes from Quora, a question and answer website.

A: Control your senior assets to eliminate debt

This is a question that is often asked too late, well after a loved one is placed in long term care. In the event your father is placed in long term care at the direction of a doctor, he will qualify on 2 out of 3 indicators for Facility Medicaid.

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How do I Qualify for Facility Medicaid

Qualify for Medicaid Chess

How do I Qualify for Facility Medicaid?

There are several criteria that need to be met to qualify for Medicaid.  If you have a loved one that needs to be admitted to Long Term Care, you should be able to qualify for facility Medicaid.  The conditions to qualify for Medicaid are listed below.  Eligibility begins on the date a client meets all three criteria.

  • Institutionalized level of care for 30+ consecutive days. (Hospital or Nursing Facility)
  • Aged 65+ OR has been determined blind or disabled
  • Meets the financial requirements

Once you have determined that a loved one needs to be admitted to Long Term Care, the process of qualifying financially can begin. Continue reading “How do I Qualify for Facility Medicaid”