Whether Medicare will pay for nursing home care is not a matter of how much money the patient needs. In general, Medicare does not pay for long term, "custodial" care, which is the reason for most nursing home admissions. Medicare will pay for nursing home care for rehabilitation; in such a case, the medical record must show that the patient is progressing.
For 2010, if you were hospitalized in a skilled nursing facility, Medicare would pay for the first 20 days of your skilled nursing stay providing it was preceded by an Inpatient Stay of at least 3 days (which inpatient stay has a $1,100 deductible for the first 60 day benefit period). After that you have the following co-insurance:
Days 21-100 - Medicare pays everything except $137.50 per day, which you pay
Days 101+ - Medicare pays $0.00 and you are liable for all costs
Medicaid will expect you to pay to the nursing home the income/assets you have that exceed the Medicaid standard.
As long as you meet the non-financial factors of eligibility for Medicaid, the State will expect you to apply your "excess" income/assets to your nursing/medical care and the Medicaid will pick up the remainder of the medical/nursing bills.
In the US if Medicaid is paying for the nursing home, this falls under the state laws applicable to Medicaid. It will vary somewhat from state to state. Information specific to the individual circumstances would be available by contacting the state Medicaid office. An additional source of information about this, and contact information for the state program administrators, should also be available from the social workers, the admissions or financial departments, or the Administrator at the nursing home providing the care.
Apply for Medicaid, now. Your caseworker will determine how much of your income/assets you will need to pay to the nursing home (or for other medical expenses) in order to be eligible.
There is no limit on the amount of money that your parent can give you. You want to do this before they go to the nursing home because the home will take all of their money.
In 2008, the federal government spent $186 billion on medicaid.
I am 19, married, not pregnant, and our total income for 2013 was $4235. Do I qualify for medicaid?
I'm making 10.20/hr at a nursing home in WA
alot of money
Average Nursing Home Administrator Salary: $72000
There can be variations in the quality of care between nursing homes and other care environments, such as assisted living facilities or home care. Each setting has its own strengths and challenges in providing care, and it's important for individuals to thoroughly research and evaluate their options to ensure they receive the level of care that meets their needs.
6 or 7 $
around 30,000 dollars a month