The Top 5 Misconceptions about Long-term Care Medicaid Eligibility.
What You Have Heard
Ask yourself, was the info you heard from a Certified Medicaid Planner?
1. You can only have $2,000.
2. Your home will be taken from you if you are on Medicaid.
3. You make too much money.
4. You must spend down to $2,000 to qualify for Medicaid.
5. Why doesn’t everyone apply for Long-term Care Medicaid if the other outcome statements are true?
What Could Be the Outcome
Beneficent can provide more information for FREE during a 1-hour consult.
1. Single applicants have a resource limit of $2,000. (in 2024) A married applicant has a resource limit of about $150,000. (in 2024)
2. All applicants are allowed to have 1 home and 1 car. There are ways to avoid Medicaid estate recovery, an applicant can receive Medicaid and keep their home.
3. If you are over the income limit, we provide the legal steps using the Medicaid code to bypass being over the income limit.
4. This is an option, however not your only option. If you want to preserve the hard-earned assets you or your loved one has worked their entire life, you can!
5. Many are deceived by misinformation and preconceived notions. There's a game-changer you need to know about - Certified Medicaid Planners (CMP) - we know the rules and regulations.
You can find all the CMPs in the United States here, there aren’t too many of us!
Need to schedule an appointment with one of our Certified Medicaid Planners? Book below or call our office for more appointment times.