Q: My 81-year-old father is in the advanced stages of Alzheimer’s and needs to be moved to a nursing home. Will Medicaid pay?
A: While Medicare will only cover at most 100 days in a nursing home, Medicaid has no such time limitation on coverage. Medicaid will cover all the nursing home and medical expenses of a senior needing nursing home care, if the senior meets both the income and asset limits of the Medicaid program.
These rules vary from state to state, but the general rule is that a single person may not have more than $2,000 in countable assets (major exclusions: the home, one car, personal property) or income in excess of the nursing home's costs. There are more complicated rules for married couples where one is living in the community and one is in the nursing home.