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Eldercare
Reply to ""Spending down assets" and the years of "lookback""
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[quote=Anonymous][quote=Anonymous]My question goes a bit further: What if someone gave away all their money to charity, is essentially penniless, and then needs the benefits of Medicaid. For example, they are elderly with medical conditions that need 24/7 care in a full-time nursing facility. What does the "system" do with them? Throw them on the street because they gave away all their assets to charity and are not eligible for care?[/quote] No one is entitled to nursing home care. Basically if there is no family who steps in and they can’t recover their funds, they’re on their own. Sometimes they end up in shelters. Or at their home making due the best they can. If it gets bad sometimes adult protective services might get involved. There is a hardship waiver but they are hard to get. [/quote]
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