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Yes but there's a five year look back . Don't do that . It's so much financial to have home services come to house , don't sign any papers to Medicaid keep parents home . I learned the hard Way.if parents have property savings ect. That's all locked in. And assessment $$$ base on amount of care she. Needs . Converse with Elder Law or attorney.
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Yes, but it must be at appraised value because Medicare looks back to make sure people don't just give away property to become eligible. Look back is 5 years in most states.
They also look back and money used - they watch for sums that may have been given away or transferred elsewhere. You will be asked to explain assets that were used, and for what. So if you buy the house (lower than county appraisal), be sure to have a real estate appraisal that documents repairs needed, etc, that account for the lower value. If there's a large transfer from her bank account to another acct or paid to a person, be ready to explain.
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Kathbru58 Sep 2024
Medicare OR Medicaid??
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Yes, but have a lawyer or realtor help with the sale.
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Well, she would be expected to use the funds you pay her for her property to pay for the nursing home fees. When that money is gone, then you would need to apply for Medicaid. Medicaid will look back at 5 years of her finances to ensure she wasn’t hiding assets that should go for her care. If they feel you did not pay fair market value for the property that would be a problem.
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Kathbru58 Sep 2024
My neighbor owns her home. She is single, never married but has a daughter she wants the home to go to..She is on Medicare. She gets to much monthly to get Medicaid. I was told Medicare pays 90 days hospital stay. What happens if she refuses anymore care and wants to live and die at home.,Now there shouldn’t be anything Medicaid can take if she never had it to begin with. Is that correct? Just trying to help her understand …
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What about care in a person's own home instead? Is that covered under Medicaid? Does the property need to be sold for this type of care? Also this discussion assumes that everyone entering long-term care will never recover and return home. What percentage of people in such care facilities do recover and return home afterward with a reasonable quality of life?
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JoAnn29 May 2024
People in LTC usually don't recover from what is wrong with them. They have to be 24/7 care to be placed.

Medicaid in home the person remains in their home. When they pass, a lien is placed on the home. The house will then need tovbe sold for Market rate to covervthe lien. Same happens in LTC. The house is exempt until the person passes, then a lien is placed on the house. Lots more involved. So speak to a Medicaid caseworker.
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Please note this post is from Nov. OP posted one time and never responded.
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if she sells it it should go to her nursing home care.

State should not step in until her own funds are expired.
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Taxpayers? The mom if she has worked all her life has already paid enough taxes to just use want they have taken from her for many years including taxes she paid on the house over the years so why should the state also get her house then put her in a room with 2 to 3 people and take her whole social security check that could be 3000 plus for one room with 3 people in it and feed them crappy food and have subpar Caregivers because the caregivers aren’t paid enough while owners live their best lives! Ya’ll have got to be Kidding… Medicaid is already paid for by the working individual… it’s the FICA and/or social security tax they take out of every paycheck for years and some people die before they get to use it. So, that’s millions of dollars the government keeps so it will perfectly fine if a parent sells their home to their kid to keep it in the family! I don’t know what yall smoking but ain’t good for you! Then, the mom probably won’t even live long enough to even used the money she’s paid into social security and fica
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This question is more than one year old. It was posted in November of 2023. While it is surely interesting, it is quite old, so know that your responses will not likely go to the original OP who has not remained on this site that I know of.
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The OP posted to the forum only once and never replied to this post. I think it should be closed for comments. Reporting.
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