A significant portion of
estate planning is concerned with health and life insurance policies, as well as setting
up long term care plans. Medicaid and nursing home care often come up
in discussions, as they are viable options for long term care. However,
many people do not know some of the groundwork details pertaining to Medicaid
or nursing home care.
To address some common concerns that you might be having yourself,
Donlin Law and our Hamden estate planning attorney has compiled a list of frequently
asked questions about Medicaid and nursing home care. Be sure to give
it a review if you are creating an estate plan, either for yourself or
helping an elderly loved one. You can also
contact our firm directly if you run into a legal issue that needs addressing; in addition
to estate planning, we are well-versed in
personal injury claims.
Medicaid & Nursing Home Care FAQ
What exactly is Medicaid?
People with limited incomes can use Medicaid for their health insurance.
As it is a federal program, it is available in all states.
Does Medicaid benefit people in nursing homes?
Yes, it does. Medicaid will actually pay for the majority of nursing home
expenses, including monthly fees. Medicare, a separate federal health
insurance program, provides limited nursing home care benefits, however.
Can anyone use Medicaid?
No. Medicaid offers great coverage but only to those who truly need it.
The Department of Social Services in Connecticut will review your unique
income, living, and health situations to determine if you are eligible
If I don’t qualify for Medicaid, do I need to liquidate my assets?
The DSS examines your property and finances for the last five years, not
just what you have right now. If you don’t qualify, giving away
or liquidating your assets will not solve your eligibility issue. Talk
to an attorney about what you can do instead.
How much money can I have in personal assets and still qualify?
Connecticut only allows you to use Medicaid if you have
less than $1,600 in countable assets, which includes cash, savings and checking accounts,
stocks, and bonds.
I am married –
will my spouse have to pay for my nursing home care?
Medicaid and the DSS consider only your personal income, not that of your
household or your spouse, when selecting eligibility. The DSS can request
your spouse help pay for costs to a certain extent if they have an income
higher than the average in Connecticut. Additionally, if your spouse remains
in your house when you go into a nursing home, the state cannot force
a lien upon your property.
How can I apply for Medicaid in Connecticut?
You can call the Access Health Connecticut hotline at 855-805-4325 for
questions about starting an application. It is highly advised you work
with a Medicaid or estate planning lawyer when you apply, so you know
there are no overlooked points of interests.