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What is the waiting period before assets (i.e. real estate – no other substantial asset ) are protected from attachment e.g. nursing home should either homeowner require 24/7 acute care?

2007-03-14 18:16:52 · 3 answers · asked by johnfromRI 1 in Business & Finance Renting & Real Estate

3 answers

The federal "look back" period for Medicaid transfer of assets increased to five years about a year ago. While the rules regarding estate recovery vary somewhat in each state, folks that will know about the details about Medicare, Medicaid --and other questions you may have as a caregiver --are as close as your local Area Agency on Aging. These groups are one of the best kept secrets around for older Americans and their families. There is one serving every community of the United States. The folks there specialize in listening to the concerns of seniors and their families and truly know about benefits and programs available. If they don't know something, they will know the best place to go for the answer. .

The other thing to know is that Area Agencies on Aging often have services and connections to programs that can help family caregivers. Legal assistance on public benefit issues may be available if you or your parent meet income eligibility guidelines.

You can call toll-free 1-800-677-1116 to find how to contact the Area Agency on Aging serving where you live.

After you get the phone number for your local Area Agency on Aging and make the call, ask for the staff that handles "Information and Assistance" or the "Family Caregiver" program.

If you do contact your local Area Agency on Aging and like the help that they give you, let your local county officials and your folks in Congress know. Or consider making a contribution to support their work. Area Agencies on Aging don't have big budgets-- and appropriations for the Older Americans Act, the legislation that makes this help possible-- have not increased significantly for about 25 years!

Hope this helps! Best wishes and Good luck!

2007-03-18 13:18:46 · answer #1 · answered by Sunny Flower 4 · 0 0

There are some Drs who do no longer care to artwork with Medicare or Medicaid in view that some have been put in prison or sued via the gov for offering the style and classic of care the Dr believes is real looking and needed. This subject is plenty distinctive than committing a genuine fraud; the gov should not be proscribing treatment. extremely some well-being care vendors are in hardship for starting to be costs for centers they by no ability even provided--there's a large distinction.

2016-10-18 10:23:19 · answer #2 · answered by scafuri 4 · 0 0

I don't think there is any such thing. Banks have the right to collect on loans.

2007-03-16 21:29:43 · answer #3 · answered by Anonymous · 0 0

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