Showing posts with label income limits. Show all posts
Showing posts with label income limits. Show all posts

Friday, October 7, 2011

Legislators Vote Against Seniors

When the U.S. Government provides a program funding care for seniors, states should accept the money and care for seniors. Begun in 2005 under President George W. Bush, the "Money Follows the Person" was designed to allow seniors in nursing homes to transfer home and still receive some level of care through continued Medicaid Funding.
The cost of nursing home care averages more than $5,000 per month; seniors' cost of care is Very Expensive.
BUT, how much more expensive is it to care for seniors in their own home rather than in a nursing home? NOT you might answer. Many seniors could remain in their home or return to their home, but for lack of funding. Medicaid will pay for the nursing home care, but it is very difficult to gain the same level of care at home without Medicaid assistance.
On June 24 this year, the Florida Legislative Budget Commission voted to REJECT $35.7 Million to fund care for seniors in their home. As Florida has one of the Highest Per Capita Populations of Seniors, you would think the Legislature would accept money from a program set up by President George W. Bush. Not so in today's political landscape. The Budget Committee voted to reject the federal money as "duplicative" of state programs and funding. Representatives Ed Hooper, Mike Horner, Matt Hudson, Don Gaetz, Garrett Richter, Stephen Wise, Rob Shenk and Denile Grimsley, all Republicans, voted AGAINST acceptance of the federal money.
When you are trying to find care for your senior adult, it is imperative that all resources be counted to see if they qualify for Medicaid. Unfortunately, "all sources of income" are NOT counted, or even accepted, by the state when they seek to balance the budget.
If you have a senior in need of nursing home care, selecting the right attorney practicing in Elder Law can be challenging. Please call me at 407-645-3297 or visit my website at www.aubreylaw.com
I look forward to speaking with you.

Friday, February 13, 2009

Medicaid Income and Asset limits

As of July 2008, in Florida, the Medicaid qualification limits are as follows:

Community Spouse Resource allowance: $104,400.00

Individual Resource Allowance: $2,000.00

Couple's Resource Allowance: (Assuming both in Nursing Home) $3,000.00

Minimum Monthly Maintenance Needs Allowance: $1,750.00

Maximum Monthly Maintenance Needs Allowance: $2,610.00

Personal Needs Allowance: $35.00

Shelter Allowance: $525.00

Standard Utility Allowance: $198.00

Maximum Income Allowable: $1,911.00

Home Equity Limit for Qualification: $500,000.00

Please consult an attorney for application of these limits to your Individual Situation. Many complicated rules may affect your individual qualification for Medicaid Nursing home payments.

Morning will come.

Morning will come.
No matter how dark the night!