10 Common Mistakes Made When Trying to Qualify for
Nursing Home Medicaid
Florida has over 685 nursing facilities in the state. In these facilities, there are over
83,500 beds and 73,000 residents. Medicaid Institutional Care Program benefits are the primary payment source for nursing home care. A little-known fact is that once Medicaid is obtained for the nursing home care, one does not have to stay in the nursing home. The benefit is transferrable to an Assisted Living Facility or even to Home Care.
- 1. Obtaining advice from relatives, friends or other non-lawyers who have
limited knowledge or expertise with the Medicaid laws. - 2. Believing that Medicaid rules are the same in every state.
- 3. Relying on outdated documents, poorly drafted documents, or
documents obtained on-line for power of attorney. - 4. Transferring assets out of the Medicaid applicant’s name without
knowing the transfer rules and penalties. - 5. Transferring the homestead to the adult children directly by way of a
quitclaim deed. - 6. Failing to plan for the event the Well-Spouse predeceases the NursingHome-Spouse.
- 7. Neglecting to disclose all known income, assets, or gifts.
- 8. Failing to realize that Medicaid rules continuously change.
- 9. Failing to plan for the possibility of needing long term care.
- 10. Assuming a loved one won’t qualify for ICP Medicaid.
Diana Mangsen focuses her practice as an elder law attorney in Clearwater, Palm Harbor, Largo, Dunedin and the Tampa Bay area.
For more information, visit our website at
https://www.mangsenlaw.com/
or call (727) 888-6282.