Forgot to show an IRA account on the Medicaid application. What's the trouble the elderly applicant will get into?

Question

V

venice1971 Asked January 2019

Forgot to show an IRA account on the Medicaid application. What's the trouble the elderly applicant will get into?

Asset Limits Medicaid

4 Answers

Most
Helpful Newest
First Oldest
First

Recent Questions

Is it considered a gift if your Mom and yourself were on a mortgage and you took her name off a year ago and did a quick claim deed?
Should I go get mom from NH? She's not getting proper medication, she's supposed to be on. They never talk to me about her condition.
Does my mother need to continue to pay a past medical bill?

Related Questions

score 1 · Answer 1

Report it asap and figure out what you will do to spend it down, unless it is quite a substantial amount.

Medicaid will direct you in what you need to do.

Helpful Answer (1)

I see. I shall inform him to do it asap. Thanks.

(0)

score 1 · Answer 2

Has your elder already received Medicaid approval?
I would be concerned they would be denied.

Helpful Answer (1)

He is receiving the benefit of MediCaid now.

(0)

score 0 · Answer 3

Thank you for your answer.

Helpful Answer (0)

score 1 · Answer 4

He will need to spend that on their care for Medicaid will stop if the value of the IRA plus what they have in the bank is over 2,000. This needs to be reported to them as a mistake before they catch it themselves and think it was done on purpose.

Helpful Answer (1)

thank you for your suggestion.

(1)

Forgot to show an IRA account on the Medicaid application. What's the trouble the elderly applicant will get into?

4 Answers

Recent Questions

Popular Questions

Related Questions

Ask a Question