Long Term Planning & Medicaid Crisis Planning in Okemos and Surrounding Areas

Obtain Reliable Medicaid Information from a Trusted Attorney

While the Director of Patient Services at the nursing home may be sympathetic, they may lack accurate information regarding your loved one's Medicaid eligibility or the necessary steps to become eligible. Before making any hasty decisions like transferring home ownership or depleting a lifetime of savings, consult with Medicaid Crisis Planning Attorney Nick Leydorf to understand your available options and the proper course of action. Acting without the right information could jeopardize years of savings.

Protecting Family Assets and Managing Long-Term Care Costs

Individuals facing the need for long-term care often find themselves in a difficult situation. If their financial resources exceed Medicaid's limits, they cannot afford the overwhelming costs of long-term care. Conversely, if they try to protect their family's assets, they may not have enough funds to cover the expenses. A Medicaid Crisis Planning Attorney employs legitimate and ethical legal techniques to help individuals qualify for Medicaid without losing everything they have worked for throughout their lives.

It's essential to differentiate between Medicaid and Medicare:

• Medicaid is administered by states, while Medicare is run by the federal government.
• Medicaid is accessible to a broader range of individuals, including low-income families and children, pregnant women, the elderly, and people with disabilities. In contrast, Medicare has more limited eligibility.
• Medicaid covers more services than Medicare, including long-term nursing home care and dental care.
• Medicaid is means-tested, while Medicare is not.

Eligibility Requirements for Medicare and Coverage for Long-Term Care Costs

To qualify for Medicare, individuals must be U.S. citizens or legal residents for five years, be aged 65 or older, or have a disability. Medicare eligibility is not dependent on income or assets. However, it's important to note that Medicare does not cover long-term care costs, such as nursing home care or other similar expenses.

Eligibility Requirements for Medicaid and Challenges of the Medicaid System

Medicaid eligibility requirements vary across states, but all states must provide coverage for certain categories of individuals, including children, pregnant women, parents and caretakers of dependent children, elderly people, and those with disabilities. To qualify for Medicaid, individuals must have low income and few assets, with specific limits varying by state.

The Medicaid system presents challenges due to its joint federal and state nature, providing health care to people with limited resources and low income. For middle-class Americans, Medicaid becomes a last resort when long-term nursing home care, which is exorbitantly expensive, is required. To complicate matters further, each state has its own unique requirements, rules, and regulations for Medicaid eligibility. In Michigan, several programs are available to seniors, and selecting the appropriate one requires proper understanding.

Marital status is also a determining factor in Medicaid eligibility, with different programs and asset allowances for single and married individuals. It's crucial to remember that spending down one's entire life savings is not necessary to qualify for Medicaid. A skilled Medicaid Planning attorney employs legally approved strategies to help individuals become eligible for Medicaid while protecting their family's assets, ensuring ethical and strategic protection for both the ill and well spouses.

Denied Medicaid Coverage? We Can Assist with Appeals

Improper application procedures or improper structuring of property and assets may lead to a denial of Medicaid coverage. If your Medicaid application has been denied, contact our office, and we can help you with the Medicaid Appeal process to secure the benefits you need.

Don't Face a Medicaid Crisis Alone – Seek Help

Every situation is unique, and the most suitable planning method depends on your specific circumstances. When it comes to Medicaid, it is crucial to have the guidance of an experienced Medicaid Planning Attorney. Nick Leydorf and his team specialize in assisting individuals in crisis situations, handling the application and review process while allowing you and your loved ones to focus on caring for each other.

Schedule a free consultation with estate planning attorney Nick Leydorf to discuss your personal Medicaid crisis plan.