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Reply to "protecting assets from nursing home expenses"
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[quote=Anonymous][quote=Anonymous]Just wanted to correct a misperception out there. There aren't "medicaid" nursing homes and "private pay" nursing homes, by and large. There are nursing homes that do or do not accept the medicaid daily rate as their full daily charge. There are also nursing homes that will set aside a certain number of beds where they will take the medicaid rate, but most beds are a higher rate. It sounded like some people believe there are government run "medicaid nursing homes." There are not.[/quote] PP with a father in a nursing home and is on Medicaid. This is exactly right. Medicaid does not run the homes. That said the ones that do accept Medicaid sadly aren't a nice place to end up.[/quote]
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