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medicaid for seniors question
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<blockquote data-quote="DDD" data-source="post: 457763" data-attributes="member: 35"><p>Five years ago or so I helped an elderly lady who faced that issue. At that time I think it was two or three years and the point (as I understood it) was to make sure that valuables weren't stashed or "protected" for future access. The key point is to be truthful. If she's not hiding anything I don't think she can get into trouble. If she misrepresents the truth...that's another story. </p><p></p><p>The nursing homes are experts. If you locate an appropriate placement call and make an appointment to meet with their financial person. My friend, by the way, had some funds from the sale of her house. She entered the nursing home and paid X each month until her money ran out. They were very discreet and there was no difference in her care at all once she made the transition from private pay to government pay. Good luck. DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 457763, member: 35"] Five years ago or so I helped an elderly lady who faced that issue. At that time I think it was two or three years and the point (as I understood it) was to make sure that valuables weren't stashed or "protected" for future access. The key point is to be truthful. If she's not hiding anything I don't think she can get into trouble. If she misrepresents the truth...that's another story. The nursing homes are experts. If you locate an appropriate placement call and make an appointment to meet with their financial person. My friend, by the way, had some funds from the sale of her house. She entered the nursing home and paid X each month until her money ran out. They were very discreet and there was no difference in her care at all once she made the transition from private pay to government pay. Good luck. DDD [/QUOTE]
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