Even the families of individuals who carefully planned for their later years and the uncertainty that this time in their lives can bring can be shocked and surprised when a calamity suddenly takes their loved one’s health or well-being. When this happens, the loved ones who must make decisions can panic and feel lost.
This can prove to be detrimental to their loved one or family member: a delay in obtaining the appropriate medical care or treatment can harm the prognosis of the individual. Or failing to apply for and obtain benefits can result in a depreciation of assets the individual had accumulated over his or her lifetime.
Medicaid is the one government program that pays for long-term care at home, in an assisted living facility, or in a nursing home.
Unlike Medicare, which is available to almost everyone who reaches the age of 65, Medicaid has strict eligibility standards based on your medical needs, financial resources and income.
Due to the low income and asset level requirements, many people don’t think they will qualify for Medicaid so they never attempt to apply for benefits. This is a big mistake! At Carrier Law, we use the rules to implement proper, effective and legal strategies to obtain Medicaid benefits for our families, while simultaneously protecting as much of their income and assets as possible. Contrary to popular belief, you do not have to “spend down” your life savings in order to obtain the benefits you’ve earned.
There are several Medicaid programs in Michigan (MI Choice Waiver, Program of All-inclusive Care for the Elderly (PACE), and Skilled Nursing Home Care) available to qualifying seniors. Each program has different requirements and benefits, which can make the application process confusing. Further complicating matters is the eligibility criteria which differs between single individuals and married couples. Below are the commonly used Medicaid terms and the 2019 allowances.
There are several different Medicaid programs in Michigan available to seniors who qualify. They have different requirements and benefits, which can make it confusing. Further complicating matters is the eligibility criteria if you are single or married. Below are commonly used Medicaid terms and the 2018 allowances.
Every divestment, no matter how small, triggers a penalty and denial of benefits.
IMPORTANT: You do not have to spend down your life savings to qualify for Medicaid. There are legal and ethical strategies that an expert Elder Law attorney can utilize, to get you the benefits you’ve earned.
No crisis or situation is too big or too small for our Grand Rapids Medicaid crisis team. If you and your family are worried about the future because of an injury that occurred to your elderly loved one, our firm stands ready to advise you of your options and help you in selecting the most appropriate course of action.
Let our firm resolve your crisis or question and help you regain control of your life during this time. We have nearly three decades of experience in helping Michigan families apply for and obtain Medicaid benefits under a variety of circumstances, and we can help you, too.