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Absent any other demands on it, you do. Somebody has to pay for the nursing home, though, and it's certainly reasonable to expect that you would contribute your income towards the expenses.
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.
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.
To make an informed choice about dementia care means researching all possible options before making a decision. Ask yourself questions like, "Who will pay for dementia care? Does my loved one want dementia care at home or in a nursing home? Does my long-term care insurance pay for elder care? How can I budget for dementia care when IHSS runs out? How much does dementia care on a live-in basis or hourly basis? What does it mean to be licensed, bonded and insured? What are the pros and cons of hiring a caregiver from a private ad vs. a home care agency?" Assess your resources and weigh your options before deciding on what kind of dementia care you want or can afford.
A nursing home may be certified by Medicare or Medicaid
I'm making 10.20/hr at a nursing home in WA
I have humana insurance i need to know if you will pay for my care in a skilled nursing home weekly or monthly
Medicaid/nursing home status does not excuse one from paying taxes.
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.
Medicare eligibility is not affected by one's assets; however, Medicare will not pay for indefinite nursing care. Medicaid will pay for such care after one has "spent down" one's income and assets.
In most places the nursing home would first need to take you to court to receive a judgement allowing them to take your home in partial payment for the cost of nursing home services. If they are in the process of doing that, you need to see a lawyer. As far as I know, in Texas, a person's home cannot be taken to pay a commercial debt. However, medicade requires a person going into a nursing home sell all their property, including their home and pay the nursing home costs out of their estate until all that remains is something like $2000 before medicade will begin covering nursing home expenses.
Income with a practical nursing degree depends on the area, but it is usually not very high. The average pay for an LPN is about $10 an hour.