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10 Cards in this Set
- Front
- Back
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What is the community spouse resource allowance?
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The amount that the non-institutionalized spouse may have in exempt assets.
Currently $109K (indexed for inflation) doesn't include home or other exempt assets |
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What are additional exempt assets?
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Home
real property generating income household goods jewelry (wedding/engagement + up to $100) one car per resident term life whole life up to $1500 burial $2000 in cash |
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Is a home an exempt asset?
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yes, if the nursing home resident subjectively intends to return and checks "yes" on medi-cal application.
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What is medicare
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Federal health insurance program for elderly and disabled.
if eligible for SS, eligible for medicare medicare only pays for skilled care (typically by doctor or nurse for under 3 months), not custodial care |
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What is custodial care?
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health care involving ordinary activities of daily living, such as feeding, bathing or dressing.
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How much will medicare pay for skilled facility?
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After 3 weeks, patient's family pays a $141 per day copayment
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What is Medicaid?
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A form of welfare for long-term institutional care; a joint federal-state program.
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What is medi-cal estate recovery?
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an unsecured claim by Medi-Cal upon the death of a Medi-cal recipient (and her spouse, if any)
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What is the amount of a Medi-cal estate claim?
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the lesser of:
1. the amount of medi-cal benefits provided or 2. the value of the ill spouse's estate at time of death |
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What are ways in which Medi-Cal recipients protect the home?
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Give interest in the house to the well spouse
Give house to a loved one and sign an affidavit saying that Medi-Cal recipient can return home whenever she wishes. |
