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In reply to the discussion: You better understand that Medicaid may take all of your inheritance [View all]csziggy
(34,131 posts)4. No one I know who is Medicaid has anything to leave their children
The couple I know the best has never had anything. Every extra penny they have ever had in their lives was eaten up by medical bills. Most of the jobs they have had were minimum wage ones because they could never stick with a job long enough to be promoted beyond the starter pay. Most of their health costs above whatever minimal insurance they have ever had has been written off by the doctors and hospitals who have saved their lives. All they had to do was to check the couple's credit history to find they own nothing of value and never will.
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You better understand that Medicaid may take all of your inheritance [View all]
egbertowillies
May 2017
OP
Secondary insurance in Medicare doesn't help you with nursing home bills paid by Medicaid.
pnwmom
May 2017
#43
I think any transfer of property has to be three years before death or it is included in...
northoftheborder
May 2017
#15
The look back is 5 years from the start of Medicaid eligibility in most states.
politicat
May 2017
#57
If he can show he took care of his Medicaid parents, he can probably retain the house. See:
WinkyDink
May 2017
#14
NJ exempts real estate that is the domicile of the person on Medicaid from reimbursement to spouses
Jersey Devil
May 2017
#29
Um...how would Medicaid be offered to one who could leave an inheritance? And if you mean house,
WinkyDink
May 2017
#12
You can get Medicaid based upon the severity of your illness and your lack of income
McCamy Taylor
May 2017
#16
"Under Medicaid law, following the death of the Medicaid recipient a state must attempt to recover
WinkyDink
May 2017
#18
Right -- that's the much bigger, scarier issue. And it's only some states now, but there's nothing
pnwmom
May 2017
#46
No, it is that Medicaid won't be available after you've spent $$ you thought would be inheritance
Justice
May 2017
#24
THIS is OP worthy- not the old rules we'd be lucky to keep. The 1/3 cut in Medicade
bettyellen
May 2017
#26
I don't have an issue with the required spend-downs, either. But there's a much worse possibility.
pnwmom
May 2017
#48
In most cases, don't really have a problem with that. Rather we have coverage that makes it moot. nt
Hoyt
May 2017
#34
Actually there are filial support obligations that children have in most states
lostnfound
May 2017
#63
Medicaid has always taken everything a person has when you go into a nursing home...which
Demsrule86
May 2017
#39