Monday, April 29, 2013

Your Home And Medicaid

Medicaid is a Federal and State Health Insurance plan for individuals without the income to pay for medical care.   As individuals get older, the ability to earn income can go down, while the need for medical care can go up.

Today , seniors can be eligible for Medicaid while still owning their own home.  If the senior lives in their home this is an excluded resource.  A primary residence does not count as long as the elder resides there. 

The most common mistake families can make when planning for medical care needs is to sell the seniors home.  The proceeds from the sale of the home can turn an exempt asset in to a countable resource. 

Managing the seniors health care needs while residing in the home is a way to retain wealth for the family.   One of the care coordinators primary secrets is: If you have not been receiving supportive care in the home setting you are not at the level that would require a geographical move in to a memory assisted dwelling.

You are cordially invited to download your free PATH ALONG app today

http://appsmakerstore.com/appim/j6kcdet8xvwk4s


 Home Care Path  www.homecarepath.com and the Wisconsin PATH ALONG model deliver an advanced supportive care service.  Helping seniors in the home, with clinic visits, at the hospital, nursing home and assisted living facility.  Helping seniors downsize with a move in to an adult child's home. 2013 rates are 20.00 per hour.  Simply call 608-432-4286 to schedule an interview.  We can be there when you are working.  We accept long term care insurance.  Services can be tax deductible.  Help with resources and the transition from private payment to public funded programming.  Valuing home and human life.

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