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How much money will a nursing home take from you if you are on Medicaid?
Wiki User
∙ 13y ago
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.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoFor 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
Wiki User
∙ 13y agoMedicaid will expect you to pay to the nursing home the income/assets you have that exceed the Medicaid standard.
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What if you need To be in a nursing home but you make too much to qualify for medicaid but not enough to pay for the nursing home?
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.
If your spouse is in a nursing home and you have no insurance how much is the other spouse allowed to keep when money runs out?
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.
What happens if you are in a nursing home and medicare runs out and you have bank assets?
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.
How much money can a parent give to a child if the parent is past 80 and possibly going to nursing home in the future?
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.
How much money is going towards Medicaid?
In 2008, the federal government spent $186 billion on medicaid.
How much money can you have to qualify for medicaid in Florida?
I am 19, married, not pregnant, and our total income for 2013 was $4235. Do I qualify for medicaid?
How much do a nursing home pay for a housekeeper?
I'm making 10.20/hr at a nursing home in WA
How much does a pediatric nursing get monthly?
alot of money
How much does a Nursing Administrator make?
Average Nursing Home Administrator Salary: $72000
Is there equality of care between nursing homes patients and those in other care environment?
The care nursing home patients get depends very much on how much money is being spent on them and how close an eye is being kept on them by friends or family.
How much money do vocation nursing earn?
6 or 7 $
How much money does a nursing scheduler make?
around 30,000 dollars a month
