Gifts can cause Medicaid problems — and the formula is about to change
Nursing home care is very expensive in New Jersey and people often turn to Medicaid Long-Term Services and Supports (MLTSS) to pay for that care. The rules for the program are complicated, but with our proper guidance, eligibility can be obtained. I’ve written earlier posts about aspects of the application process. The application requires a 5 year lookback — 5 years of financial...
Burden to provide all verifications sits with Medicaid applicant
The Medicaid application process for MLTSS services in nursing homes, assisted living facilities or in the community requires a tremendous amount of documentation. Numerous documents pertaining to personal status, income, and finances must be produced. Filing an incomplete application increases the risk of a denial. Failing to produce the required documentation frequently leads to denials, as...
For Qualified Income Trusts, Not All Bank Accounts Are Created Equal
Medicaid Long Term Services and Supports (MLTSS) in New Jersey pays for nursing home care for people with alzheimers disease, catastrophic disabilities and other serious difficulties with self care. The program requires any applicant with more than $2205 (three times the SSI amount–new for 2017) of gross income to make a Qualified Income Trust. Our office assists applicants with this...