What is Medicaid Planning?
Medicaid planning is the name commonly given to the process of planning to make someone eligible for Medicaid assistance for nursing home care. As discussed above, Medicaid is like a welfare program and there are complicated income and asset requirements to be met. There are steps you can take to qualify for Medicaid assistance but care must be taken because of the changing rules. Disclaimer: This website is intended for general information. I am not rendering legal advice for specific cases so please do not sue me for any information you received on this website. If you want legal advice for your situation, please meet with an attorney. I naturally would be pleased if I am that attorney and you decide to meet with me to assist you with your legal needs.
Medicaid planning is a means of working within all applicable law to set aside savings for the benefit of nursing home residents who will otherwise be economically devastated by the exorbitant cost of private nursing home care. By preserving savings, implementation of a Medicaid plan allows the resident continued access to the many things not otherwise covered by nursing home Medicaid. For example, items not within the scope of Medicaid coverage include a private room (often medically necessary for residents with behavioral issues arising from advanced dementia), companion caregivers (to supplement the personal care provided by overworked nursing home staff), geriatric care manager services, eyeglasses, dentures, hearing aids, beauty shop visits, cable television, telephone line, and all other personal belongings.