Meaning you will be paying a daily rate until Medicaid starts...so ten thousand before any government assistance started in two months due to a senior
having ten thousand in his account. Plus a Medicaid application was never done before as senior thought they would never enter a NH. Would
a supplement have paid a daily rate??? If you are going on Medicaid the likelihood of having a supplement is low...yes..and you must have a good supplement not a 35 dollar one apparently...
Medicaid doesn't have a limit providing there is a need but the senior can have no more than $2000 in cash available when approved, so you need to "spend down" monies beyond that before Medicaid coverage will begin.
It is a difficult mess to sort through, particularly after our LO is ill. Hopefully a hospital social worker is being helpful.
If you need Medicaid, all your assets have to be used for your care first. Its called spend down. You will be allowed only 2k in your acct. All bonds, stocks, shares and insurance policies have to be liquidated and used for your care.