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Serving families in Palm Beach, Martin and Port St. Lucie counties

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Transferring Loved Ones from Medicare to Medicaid

Judie Rappaport
November 6, 2014

Dear Judie,

 

My 93-year-old brother-in-law has lived in a care facility for two years. He has no assets or items of value; his Social Security is $500 monthly. His funds will run out soon and then I’ll need to transfer him from Medicare to Medicaid. Where do I begin?

- James, Stuart

 

Dear James,

 

We generally recommend an Elder Law Attorney for Medicaid planning, but if your brother-in-law is almost out of money and you are certain he has no assets, the most cost effective option may be to contract with the nursing home to apply for Medicaid on his behalf. Because only a portion of the “beds” in nursing homes are dedicated to Medicaid patients, finding an appropriate nursing home with an available Medicaid bed may take time, so it best to act now, before his funds are depleted.

 

 

Judie Rappaport, President & Founder
Preferred Lifestyle Services

Trust Yourself. You Have the Knowledge, Insight,
and Power to make the right decisions for you and your parent. ©

 
 

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Dear Judie, , Caregiver Help