Assisted living said they required 2 years assets?

Labs4me

This is how the medical field is now;all about the money.

If income is above an allowable level for Medicaid, you can create a Miller Trust (in some states called a shared asset trust) to bring income into line with Medicaid eligibility criteria.

With long term care costing an average of $100,000 a year, I wonder how many elderly individuals have $200,000 in assets beside maybe a house? What happens to those elderly who don't have those kind of assets, but don't qualify for medicaid due to a monthly income above the allowable level? It is shameful when huge profits become more important to society than our elderly citizens.

I had a similar experience. I think it depends on the state. The facility we looked at in Wisconsin said the same thing. as long as we can pay for 2 years then they would apply for Medicaid when his funds ran out and keep him there. He's still in rehab so I haven't signed anything yet.

We heard the same. They want proof you can pay for two years then they will transition to Medicaid. The criteria for long term care are spelled out by either your state law or the facility contract. For mom, when she had one more stroke and lost the left side, the AL would not take her back. Here in NY if you cannot get to meals or you are a flight risk you cannot be in AL.

We had the same experience as Rainmom, with a NH. They made sure mom had at least two years of private pay assets and they will keep her when she needs to go on medicaid.

As for PT, mom got that until she had met all of her goals. She regressed and they got her re-certified. The other day, the OT noticed that mom was having difficulty feding herself so they've set her up with adaptive cutlery. Although she no longer gets PT, she is on a walking protocol everyday.

Can you take a friend with you to listen to the "pitch" and help you evaluate?

We moved my mom to a shared room after she'd been there for about 2 months. Frankly, she was not expected to survive long after her stroke/hip surgery, but she thrived and is still there, almost 3 years later!

I can only speak to one small piece of this and that is the proof of assets. I moved my mother into a private pay only, LTC facility. At the time I had to provide documentation that she had enough assets to pay three years. I'm sorry I can't help you with the rest.

I am pushing this post to the top to see if someone can answer it.