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11-05-2009, 10:32 AM
| | Junior Member | | Join Date: Jul 2005 Location: Pennsylvania
Posts: 6
| | | Spend down before Medicaid application
What is the name of your state (only U.S. law)? PA
I have health care POA and limited financial POA (banking) for a single friend who is in a nursing home indefinitely and is 83 yrs. old. She now has $23,000 in checking after obtaining a "Funeral CD" for her. She will pay the nursing home $6,300 per month, and she makes $1,849 per mo. retirement. I was told to apply for Medicaid for her when her checking account reaches $9,000. I can give $500 per month as a gift to others, but aside from the medical bills (minor except for nursing home), she has no other expenses. To get her down to $8,000-$9,000 when I apply for Medicaid is going to take a small miracle of planning. I figure I will need to buy her almost $2,000 worth of legitimate items that I have receipts for. Will Medicaid check every item I buy? Can she give Christmas gifts? How can she spend her cash? Please advise. |
11-05-2009, 10:27 PM
| | Senior Member | | Join Date: Feb 2002 Location: Bikini Atoll
Posts: 5,536
| | Quote: |
I can give $500 per month as a gift to others..
| And, you'll have some serious 'spaining to do to the folks at Medicaid. Quote: |
How can she spend her cash? Please advise.
| Sorry, this is a LEGAL advice site, not an illegal advice site. We don't assist posters with fraud.
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11-06-2009, 07:59 AM
| | Member | | Join Date: Nov 2000
Posts: 931
| | I have never understood this abhorance with paying for nursing home care out of one's own assets and expecting taxpayer-funded welfare to pick up the tab.  |
11-06-2009, 06:03 PM
| | Senior Member | | Join Date: Feb 2002 Location: Bikini Atoll
Posts: 5,536
| | Quote:
Originally Posted by ShyCat  I have never understood this abhorance with paying for nursing home care out of one's own assets and expecting taxpayer-funded welfare to pick up the tab. | Greedlings...
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11-06-2009, 06:22 PM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 13,994
| | Quote:
Originally Posted by Sherry43 What is the name of your state (only U.S. law)? PA
I have health care POA and limited financial POA (banking) for a single friend who is in a nursing home indefinitely and is 83 yrs. old. She now has $23,000 in checking after obtaining a "Funeral CD" for her. She will pay the nursing home $6,300 per month, and she makes $1,849 per mo. retirement. I was told to apply for Medicaid for her when her checking account reaches $9,000. I can give $500 per month as a gift to others, but aside from the medical bills (minor except for nursing home), she has no other expenses. To get her down to $8,000-$9,000 when I apply for Medicaid is going to take a small miracle of planning. I figure I will need to buy her almost $2,000 worth of legitimate items that I have receipts for. Will Medicaid check every item I buy? Can she give Christmas gifts? How can she spend her cash? Please advise. | I'm sorry...Did you confuse FreeAdvice with ScamAdvice???
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