When Medicaid is being reviewed do they consider the $2000. in assets to accumulate or do they just consider the amount in their bank account month by month? This is for NC and for a one year review.
If a person qualifies and is receiving Medicare, (Medicaid medical if needed) and NC Special Assistance. (This is a state/county resource for those in NC who qualify for Medicaid and are in need, according to a doctor for assisted living or are disabled. They pay a portion of the Assisted Living for those who qualify. All but $66.00 of the receipent's income has to go towards paying the Assisted Living Facility.)
I'm trying to figure this out. What if the person's disability check is below the required amount. No problem there, but what if they got $32.00 in the form of a refund from a magazine subscription? Does that go in the asset category? Certainly, not income, since it's a one time thing. And what if that amount is spent on receipent's out of pocket medical expenses and is gone from her account within 30 days, but she gets another refund within 2 months? Do they total the refunds and count all of them to accrue in one year or are they valued month by month?
I know this is complicated, but I'm really curious. I know I can speak with an elder care attorney, but may not be able to do it this week.
I've researched a lot and can't find this answer. I wonder if anyone else has encountered it before.