Reply to Am I a Terrible Daughter/Caregiver?

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[quote=Anonymous][quote=Anonymous]To add, do get Medicaid for her. Some states give it even if she has resources but not income. [b]And if her money is abroad or in your name then this isn’t even an issue.[/b] Then place her into LTC that takes Medicaid. Or try to get home care hours paid for by Medicaid. [/quote]

This is not correct.

"For non-U.S. citizens, Medicaid eligibility is determined by a combination of immigration status, length of residency, and financial criteria, including all countable assets held overseas. Foreign assets are generally treated the same as domestic assets for meeting Medicaid's strict financial limits.

An applicant's eligibility for federally funded Medicaid depends on their specific "qualified" immigration status, and many must wait five years after receiving that status before they can enroll.

Medicaid is a needs-based program with strict asset limits, typically $2,000 for an individual in many states. All assets owned by the applicant are considered in this calculation, regardless of where they are located. Overseas bank accounts, real estate, stocks, and other investments held abroad are all counted towards the total asset limit.

Concealment of assets: Failing to report overseas assets on a Medicaid application is considered fraud. Because Medicaid has estate recovery provisions, the state has the right to pursue reimbursement from all of an individual's assets after their death, including any located outside the United States.
Asset verification: States can and do investigate an applicant's financial situation. While verifying foreign assets can be more complex, advanced asset search companies and international tax agreements make it possible for state agencies to uncover these resources.

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