How Go Apply For Medicaid

will i lose my house if i need medicaid?the short answer is maybe. you see you actually don’t have to sell your home to get approvedmy medicaid, that’s the first thing that i wish people would understand. we often receivephone calls at our office where maybe a parent is heading to the nursing home and the childrenare calling us saying, well, we just sold mom’s house because she’s moved into anursing home, and we now need to come in and

How Go Apply For Medicaid, talk about medicaid. well the reality is youdo not have to sell your home to get approved for medicaid. you actually can still own yourhome when you apply for your program. however, what many people don’t realize is that thereis something called medicaid estate recovery. so if you are in a nursing home and you applyfor medicaid and you’re approved and they

start helping you pay for your nursing homeexpenses, your home is protected during that time but when you pass away, medicaid is actuallyobligated to go back to your estate to try and get reimbursed for the care that theyprovided on your behalf, and in this instance what they do is they send a letter to yourfamily saying hey your loved one that is now deceased owned a home and they were receivingmedicaid. you need to sell the home to pay us back for the care that we provided to yourloved one. that’s what the medicaid estate recovery process is all about. the good newsis that in north carolina, we have different ways to potentially avoid those estate recoveryissues, so you need to be proactive about this though. you need to come in and do theplanning while you’re living or if you’re

not physically able to do that planning foryourself, then maybe your power of attorney can do the planning for you. but before youpass away, we need to make sure we put a plan in place to make sure that that home remainsprotected from estate recovery when you pass away, so that your home stands with your family,it does not have to get sold down the line. it’s really important that you proactivelyplan against these issues and make sure that your home stays protected.