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Real members of myALZteam have posted questions and answers that support our community guidelines, and should not be taken as medical advice. Looking for the latest medically reviewed content by doctors and experts? Visit our resource section.

Madicare And Medicaid, Are You Covered?

Madicare And Medicaid, Are You Covered?

Hello everyone! Hope you all are doing well. Could anyone tell me if their loved ones are covered with both Medicare and Medicaid and what state you live in? My grandmother has both coverages and we live in NYC. She currently has services which includes a home attendant 7 days a week, 8 hours a day. However, we're planning on relocating to another state, Texas or Florida and was wondering if anyone living in any one of these states can share with me what types of services their loved ones… read more

A myALZteam Member said:

Hi. I can only answer for New Jersey where my mom is in for California where my aunt is. Both are moderately to severely affected and in assisted living. The price is exactly the same for seven day a week therapy, nurse and aid assist with showering and dressing as a memory unit assisted living client it cost just under 14,000 a month. Medicare doesn't cover much at all
I have been advised by financial counselor do not worry but go ahead and spend my mom's money down and then once she is broke, Medicaid will pay for her assisted living.
The monthly fees are the same – exactly – in New Jersey and California

posted over 5 years ago
A myALZteam Member said:

My parents had the foresight to create a Medicaid trust. After 5 years of their assets being in the trust, Medicaid cannot take any of them. Fortunately, for me and my brother, they also created an article about a medical power of attorney and regular power of attorney. I had to have two doctors write a letter that they were not able to tend to their medical, financial, or legal responsibilities. In Washington, if I sign them up for Medicaid I can be paid for certain activities, but I would also have to join a union that takes 2% of those wages as they bargain for us the amounts that each of those activities are worth.

posted over 5 years ago
A myALZteam Member said:

We are in Florida.... we have found that: medicare will not pay until there is no monies left and then they qualify for medicaid. Sadly pitiful. If anyone knows differently in Florida I'd love to know

posted over 5 years ago
A myALZteam Member said:

This is in response to the Medicaid Trust issue @A myALZteam Member. This is a legal tool to protect the money from being counted against the Medicaid "spend down." Like @A myALZteam Member said, this must be left untouched for five years. This needs to be quite a bit of money to be worth the cost in creating the trust. After the five years the money can be withdrawn and used as stipulated in the trust document. This is generally stipulated to be used for the benefit of a specified person or person and can provide extra staffing in a Medicaid facility or meet other needs. This is a type of irrevocable trust and it has different names and conditions in different states (we are in Texas). I don't think this is an allowed process in all states and it may be subject to changes in the states laws after it is created. It requires an attorney to create and is rather expensive. Ours is at almost 4 years. It is my understanding that once five years has passed, money can be withdrawn by the beneficiary (our daughter) as needed for care and needs of either me or my husband.

posted about 5 years ago
A myALZteam Member said:

Never heard of medicaid trust!

posted over 5 years ago
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