A home in Texas is owned by 2 people. One has employer insurance, other on Medicaid. Advice? - AgingCare.com

A home in Texas is owned by 2 people. One has employer insurance, other on Medicaid. Advice?

Follow
Share

Might Medicaid lay claim should the person on Medicaid sustain a catastrophic health event or become in need of long-term care or terminally ill? Currently, both are in good health and not seniors.

This question has been closed for answers. Ask a New Question.
1

Answer

Show:
Medicaid will attempt to recover ANY benefits paid out to someone 55 or older. Carefully read the Medicaid documents that were signed, the applicant agrees to federal laws requiring estate recovery.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Related
Articles
  • MFP through Medicaid is a special program that helps seniors avoid being institutionalized. The grant money has allowed states to set up an infrastructure to determine which nursing home patients are most likely to benefit from a move from an institutional setting.
  • It can be difficult to determine whether certain assets count toward Medicaid's $2,000 limit. As always, classification of countable and exempt assets varies from state to state, but retirement accounts can complicate Medicaid planning even further.
  • Applying for Medicaid for an aging parent can be tricky. One caregiver describes his personal experience navigating the system.
Related
Questions