Wait! Will Medicaid Cover My Nursing Home Care?
In Mississippi, Medicaid is a government-funded health insurance program that provides coverage for low-income individuals and families. It is administered by the Mississippi Division of Medicaid and is jointly funded by the federal government and the state.
One question that often arises in relation to Medicaid is whether the program will pay for nursing home care. The answer – from Medicaid – is that it depends on the individual’s circumstances and the type of care they need.
In general, Medicaid will cover the cost of nursing home care for individuals who meet certain eligibility requirements. To be eligible for Medicaid coverage of nursing home care in Mississippi, an individual must meet the following criteria:
- Be 65 years of age or older, or be disabled
- Have income and assets below certain limits
- Require a level of care that can only be provided in a nursing home
Spend Down?
It’s important to note that Medicaid has strict limits on the amount of income and assets that an individual can have and still be eligible for coverage. This means that an individual may need to “spend down” their assets in order to become eligible for Medicaid coverage of nursing home care.
How Can We Help?
Our asset protection attorneys can employ legal strategies that help you save your assets and STILL meet the income/asset limits Mississippi Medicaid requires. This means you don’t have to spend down and go broke just because you need nursing home care. Call us at 601.925.9797 or click here to schedule an appointment. Nobody wants to leave a spouse destitute or lose everything to pay for care. Let us help you today!
Tags: Asset Protection, Medicaid eligibility, Medicaid requirements, Nursing Home Care
