“We just transferred my dad from rehab to a nursing home. Medicare was paying for his rehab, but the first bi

Answer:

No, the worst thing your father could possibly do would be to simply pay the nursing home charges out of pocket. One of the most important things the attorneys at my firm do on a weekly basis is help families find better ways to deal with the high costs.

One benefit your father might be able to take advantage of is Medicaid. The vast majority of nursing home residents receive Medicaid benefits. The difference between them is whether they spent every penny they had before becoming eligible for the benefit or they worked with someone who really understood the rules so they could save some assets while becoming eligible. The business offices at most nursing homes are willing and able to help families apply for Medicaid, but they are not trained or equipped to help those families save assets while they move towards qualification.

Many fear Medicaid because they have heard horror stories about families losing their homes after going on the benefit. Some of those stories are true, but work with a firm like ours that knows what it’s doing, you can avoid traps.

Another benefit your father might look into is VA Aid and Attendance. If he served on active duty during a period of war, he might be eligible for a tax-free monthly pension designed to help offset the costs of long-term care.

Call today and set up a no-charge strategy session to find out how we can help. To learn more, check out our website, ElrodFirm.com.