Learn How an Elder Law Attorney’s Medicaid Planning Assistance Can Help You or a Loved One Qualify for Medicaid

An Elder Law Attorney’s Medicaid Planning Assistance can help you or a loved one subsidize the cost of long-term care.  The cost of care varies, but on average, a higher-quality assisted living facility costs about $6,000 a month, and a skilled nursing facility costs $10,000-$12,000 a month as of 2024.  An Elder Law Attorney’s Medicaid Planning Assistance will help explain the nuances of this.

How an Elder Law Attorney’s Medicaid Planning Assistance Can Help Qualify for Medicaid:

By employing an Elder Law Attorney’s Medicaid Planning Assistance, you can learn the differences between an assisted living facility and a skilled nursing facility.  At a high level, an assisted living facility, or ALF, offers more apartment-style living where the resident maintains a higher degree of independence but receives assistance with certain activities.  On the other hand, a skilled nursing facility, or SNF, provides comprehensive care in a more institutionalized, hospital-like setting.

Let’s examine the differences between how Medicaid pays for an assisted living facility and a skilled nursing facility.  It is important to note that not all assisted living facilities are contracted with Medicaid, so it is crucial to find one that is.  For those who are not, Medicaid will generally pay $1,400-$1,600 monthly toward the cost.  That means that the resident is responsible for the remainder.  For example, if the assisted living facility costs $6,000 and Medicaid pays $1,600, the resident is responsible for the remaining $4,400 monthly.  Again, an Elder Law Attorney’s Medicaid Planning Assistance can help you understand the nuances.

Medicaid works differently with skilled nursing facilities.  Medicaid is contracted with all skilled nursing facilities and will pay everything above the patient's responsibility, meaning the amount the patient owes every month.  The patient's responsibility is determined by subtracting the patient’s personal needs allowance of $160 as of 2024, deducting health insurance premiums if applicable, and, in some cases, deducting additional income that can potentially be protected from their gross monthly income.  The resulting amount is owed to the nursing home.  Medicaid will pay the amount above that.  For example, if a skilled nursing facility costs $12,000 a month, and the patient’s gross income is $2,000-allowable deductions of $200 a month, they must pay the facility $1,800 a month.  Medicaid will cover the remaining $10,200. An Elder Law Attorney’s Medicaid Planning Assistance can help walk you through this.

There are advantages and disadvantages when determining if an assisted living or skilled nursing facility is the best option, which an Elder Law Attorney’s Medicaid Planning Assistance will help walk-through.

Whatever you and an Elder Law Attorney’s Medicaid Planning Assistance determine is the best solution, Medicaid benefits for long-term care can help offset the cost substantially.

Over To You:

Platinum Benefit Services has helped our clients, in conjunction with an Elder Law Attorney’s Medicaid Planning Assistance, obtain Medicaid benefits for over 27 years.  We have won over 14,000 approvals for our clients.  If you want to guarantee you or a loved one is in the best hands, contact Platinum Benefit Services today!