If you or a loved one are in need of long-term care, this book provides practical answers to complex Medicaid issues, including eligibility requirements, myths, facts and mistakes, application process, and even the support that is available. The reality in the United States is this: a sizable percentage of people will eventually need some form of long-term care. The cost of assisted living and nursing home care is, at times, out of reach financially and can put most families in debt. Whether you are planning for yourself or a loved one, Medicaid is often the best bet for paying for long-term care, so learning about the complex Medicaid maze is a prudent and fiscally responsible endeavor.
You Will Learn:
Eligibility for Medicaid
(Chapter 2)
“In New Jersey alone, almost 1.8 million people are covered by Medicaid.”
Giving & Medicaid Eligibility
(Chapter 3)
“…a lot of people might not know that Medicaid doesn’t consider it to be exempt from the look back period.”
Applying for Medicaid & Appealing a Denial
(Chapters 4, 5)
“…if your application does, in fact, get denied, it isn’t simply the end of the road; you have options available to you.”
Medicaid’s Effects on Estate Recovery
(Chapter 2)
“Any lien that has been filed by the DMAHS is a preferred claim against that Medicaid recipient’s estate.”
Medicaid & Dementia or Alzheimer’s
(Chapter 7)
“By the year 2050, [the number of people with Alzheimer’s disease] could be as high as 13.2 million people.”
Common Mistakes & How to Avoid Them
(Chapters 9)
“Be aware that Medicare WILL NOT pay for ongoing long-term care, so that is a good reason to consider Medicaid as well.”