To be very bold, the answer is yes, you will.
Long Term Care Medicaid operates on 2 simple rules regarding finances.
1) You must be under $2,742 of GROSS COUNTABLE Income (in 2023).
2) You must be under $2,000 of GROSS COUNTABLE Assets (in 2023) as a single person or $150,620 (in 2023 ($148,620 for community spouse + $2,000 for applicant)) for a couple.
The key word is COUNTABLE.
There is only one way to reduce COUNTABLE income and that is to establish what is called a Qualified Income Trust which artificially reduces COUNTABLE income by the amount of income you deposit in the trust. For example, if gross countable income is $3,042 and you deposit $500 of income into the QIT account then Medicaid only counts $2,542 ($3042 - $500 = $2,542) which is $200 below the limit of $2,742. Therefore, qualification is allowed despite what was previously considered excessive income.
There are many ways to convert countable assets into NON-COUNTABLE assets, and/or expend them using qualified expenditures, and/or transfer them using qualified transfers. In fact, there are more than 30 ways of rearranging excess countable assets and an almost endless combination of ways. The possibilities are so numerous it is simply not feasible to provide the information here. Suffice it to say that even multi-millionaires can qualify for Long Term Care Medicaid.
What is the HCBS Waiver Program (Home Health Care or Assisted Living)?
The HCBS Waiver Program, short for Home and Community Based Services Waiver Program, is designed for individuals needing financial assistance for home health care, adult day care, or an assisted living facility.
When applying for Medicaid assistance for traditional skilled nursing, the patient needs only to file the application, whereas a patient seeking financial assistance for in-home care, or an assisted living must undergo a more complicated process.
Process for In-Home Health Care and Assisted Living
An individual seeking Medicaid assistance for in-home care or an assisted living facility must schedule a screening call with the geographically appropriate Aging and Disability Resource Center for placement on the waitlist. The waitlist utilizes a needs-based ranking, with scores from 1-5. A ranking of 1 indicates a "low" need, while a 5 indicates a "high" need. The higher the need, the more likely an individual is to be placed on the waitlist AND ALSO called off the waitlist quickly. Once the patient is called off the waitlist, he or she may then apply for Medicaid.
Upon approval for Medicaid, he or she must then enroll in a managed care program and long-term care program. Medicaid benefits will only begin the first day of the month following the month in which Medicaid eligibility is approved, and the patient is enrolled in both a managed care program, as well as a long-term care program.
How to Bypass the Waitlist for HCBS Waiver Services
It is possible to bypass the waitlist if, a patient:
1) Is in a skilled nursing facility.
2) Has already been approved for long-term care Medicaid.
3) Is enrolled in a managed care program and wishes to discharge home or to an assisted living facility.
4) The Medicaid long-term care recipient is evaluated by the managed care company to determine their ability to transition home or to an assisted living facility. If determined that the applicant is eligible to transition, he or she may do so without undergoing the waitlist process.
Medicaid eligibility will follow the recipient to any new long-term care arrangements where care is needed. Form 2515 must be filed by the managed care company.
How Platinum Benefit Services Can Help
It should be clear that this process is complex. While an applicant can attempt this process alone or can have the appropriate Aging and Disability Resource Center attempt to navigate it on behalf of the family, Platinum's HCBS Success Escalation Service provides a meaningful difference with a substantial increase in the likelihood of success.
An applicant/legal representative in crisis can easily become overwhelmed when attempting to navigate the intricacies of the waitlist process. Further, Florida's Aging and Disability Resource Centers are notorious for mismanaging the process.
Using Platinum Benefit Services is a game changer. When working with Platinum and enrolling in our HCBS Success Escalation Program, Platinum will provide you with the information, training, and services necessary to maximize the chances you or your loved one is placed on the waitlist with a high ranking AND ALSO selected off the list quickly. The fee for the program is just $500 and is worth every penny!
If you choose to hire platinum to process the medicaid applicaion in advance of contacting the ADRC the $500 fee is waived.
Free Instructions For Getting On The HCBS Waitlist
By accessing the site below, Platinum will provide FREE OF CHARGE to you, a video that explains the HCBS Waiver program and how you can get on the waitlist without assistance and FREE.
At the end of the video, if you choose to get help, the video will explain how you can enroll in Platinum's HCBS Success Escalation Program, as well as, a video that explains how to "ace the test" when answering interview/screening questions. This second video will teach you how to answer the questions honestly, in a way that maximizes the likelihood of being placed on the waitlist, with a high ranking. Platinum even provides a list of the questions that will be asked!
Platinum's HCBS Success Escalation Program
Our automated system will enroll you with the proper ADRC, which starts the benefit approval process. Platinum will confirm with the appropriate ADRC that the patient's name has been submitted and that a screening call has been scheduled. Platinum will then check in once a week with the ADRC to track the status of the patient's selection from the waitlist. Further, we will also follow up to confirm that you are aware the call is scheduled, and we will confirm the date and time.
Once the potential applicant is called off the waitlist, a form 1823 will be provided to you that needs to be completed by your doctor and provided to the ADRC along with supporting documentation. The 1823 must be properly completed and signed by your doctor or a nurse practitioner. Platinum will track this form as it is passed 4 times, to 3 government agencies, and confirm proper distribution and receipt.
You will then have the option to hire Platinum to complete the Medicaid application process on your behalf While you can file on your own, or have the ADRC file for you, there are potential problems beyond belief Dealing with The Department of Children and Families (Medicaid) has become the epitome of a bureaucratic nightmare.
Platinum Success for Families
Over more than 26 years Platinum has obtained 14,000+ Medicaid approvals in the State of Florida alone. We'll help you obtain approval as well. If you decide to go it on your own, no hard feelings, we truly wish you the very best!
Qualifying financially, regardless of assets or income is the easy part! What's hard is being selected off the waitlist and then navigating DCF during the application process.
Let's get you enrolled in the "HCBS Success Escalation Program" by contacting Platinum at 1-800-582-1934, pressing O and say, "I would like to sign up for the Success Escalation Program". We look forward to working with you!
Call us at 1-800-582-1934 or go to https://waitlist.platbenservices.com/waitlist
ASK FOR :
Hilary Hayes, CSA Certified Senior Advisor
Serving Collier, Lee, Charlotte Glades, Hendry & Monroe
Nothing in this document or other information, in whatever format provided by Platinum Benefit Services, Inc, is legal advice. If legal advice is needed, please contact a competent and properly licensed attorney. If you would like a referral to an attorney, please contact our office at 1-800-582-1934
With stores putting out holiday decorations well before Halloween, it is hard to avoid the hype surrounding the holiday season.For most people, it is an anticipated time of year with traditions, memories and family gatherings. But for older residents, these same reasons may result in the blues, making the holidays a challenging time. Sometimes beloved traditions and family gatherings become out of reach as we age and may be isolated from friends and families. Holidays may remind us of the passing of time, who is missing in our lives and who is not nearby. The loss of holiday traditions and gatherings often changes the way we feel about the holidays. Sometimes reminiscing on traditions that have gone can fuel feelings of loneliness.An AARP study found that 31% of respondents felt lonely during the holiday season. Additionally, another 41% worried about a family member or friend feeling lonesome. Whats more, more than 12 million Americans over age 65 live alone, according to the American Psychological Association. As children grow up and move away, neighborhoods change, and friends pass, the opportunities for close connections sometimes become limited. Financial constraints and loss of independence and mobility can change looking forward to the holidays to dreading them. To help avoid the holiday blues, here are some steps you can take to restore holiday joy. Find new ways to connect, such as video chat and email. Write letters, cards and call. You do not have to wait for family members to reach out. Take initiative. Connecting with others is one of the best ways to relieve loneliness. It is heathy to feel sadness about missing family and friends. It is important to acknowledge your feelings. Volunteer and help others. If you are able, you can help with daily tasks that may seem overwhelming or share a meal. If you are feeling lonely, maybe your neighbor is, too. Being available for someone else is good medicine. Be kind to yourself. Continue your wellness routines and healthy habits. Rethink how you do things this season. Joy is not limited to the last two months of the year! Every day can be treated as a holiday! Consider trying a new activity or hobby or teach someone something you are good at. Limit screen time. A constant diet of bad news creates anxiety. Resolve to make the best of the holidays but adjust your expectations and adopt realistic goals. While the holidays may look different over time, they can still be meaningful. The most important thing to make someone feel special this season is to simply spend time with them. If you cannot participate in person, FaceTime or Zoom also work.Here are other ways you can help others (and yourself) find joy in the holidays and help banish the holiday blues: Share your traditions with others and enjoy theirs. Reflect about past holidays as you unpack cherished decorations. Listen to the stories of others and ask about special pieces. Make a conscious effort to be available for those who might be feeling isolated. Plan a regular call or visit or reach out with a video call or old-fashioned letter. For anyone who might be struggling with holiday loneliness, provide a comfortable space for them to talk. Save judgments or problem solving and simply have a genuine conversation. As you plan your celebrations, look for ways to be inclusive. Extending an invitation may not be enough to make others feel included. Being with a crowd of strangers who have little in common can still feel very lonely. Being recognized and honored goes a long way in combating loneliness. Be open to asking about and including favorite memories such as treasured decorations, traditional treats and meaningful music. Religious organizations often offer extra social and/or spiritual support. Just talking with someone can go a long way. Bring or send familiar treats that represent holiday customs for elders to enjoy and share. Often, holiday blues are temporary. However, if symptoms last for more than two weeks, they can indicate clinical anxiety or depression. According to the National Institute of Mental Health (NIMH), socially isolated older adults are at higher risk for depression.It may be time to seek help if you or someone you love is experiencing any of these common symptoms of depression: Feeling so down you cannot shake it off Too little or too much sleep, or interruptions through the night Changes in appetite; eating more or less than usual Difficulty concentrating Lack of interest in the things that typically make you happy Irritability Lack of interest in socializing or engaging with others. Plan to look for and spread cheer this season, but if the holiday blues linger well beyond the season, discuss your symptoms with your primary care provider.ABOUT THE AUTHOR Courtney L. Whitt, Ph.D. is Director of Behavioral Health at Healthcare Network, which offers behavioral health services as a routine part of comprehensive care and traditional counseling services. Healthcare Network provides quality primary care services for children and adults in locations throughout Collier County. To learn more or make an appointment, please call 239.658.3000 or visit HealthcareSWFL.org.
When your friend is grieving, you want to do everything you can to be there for them and support them during this difficult time. But you may wonder are you overstepping? What if you say the wrong thing? Its common to second guess ourselves when we have the best intentions for supporting a friend after a loss.Grief is something we all experience at some point, but without some guidance, it can be difficult to know how to best support someone when theyve lost a loved one, said Erin Smith of The Terraces at Bonita Springs, a senior living community in Bonita Springs, FloridaWere starting a group for widows in our community called The Terraces Vita Nova Social Club. This will be a space where people in our local community who have lost their significant other have an opportunity to connect and socialize through new friendships, Erin continued.Vita Nova gives members the opportunity to talk about their experiences, their challenges, and enjoy the shared support of the people around them. The group will also focus on moving forward and finding joy in the next chapter of their lives through engaging gatherings and new friendships.Vita Nova aims to provide ladies with a space where they feel encouraged to venture away from isolated homes to spend an afternoon with others who have gone through a similar experience.As a friend, keep these simple ways in mind so that you can be there for a grieving friend.1. Reach Out to Your FriendReach out with a phone call or a text message to express your condolences. This small action lets them know youre there for them and will support them through this difficult time. Remember to keep reaching out, even after the initial wave of loss has settled.2. ListenYou may be with your friend when they feel like they want to vent about their emotions or talk about their loved one. A study examining grief support showed that allowing the grieving person to discuss their loved one and not rush them through their feelings felt emotionally supported.One key thing to remember is to not advise or interrupt your friend. Simply listening and letting them get anything they want off their chest can be a huge help to their grieving process.3. Validate Their FeelingsWhen your friend is discussing how theyre feeling, its important to validate them. While grief is a process, its not always a straightforward process. Your friend may have had a good couple of weeks, only to feel their grief all over again. Being there to validate their feelings and that its okay for them not to be okay can provide them with comfort and assurance.4. Show UpShowing up is one of the best ways to support your grieving friend.You cook a meal, drop it off to them, and its ready to go in the oven.You stop by with groceries.You take their dog for a walk or mow the lawn.Often, when you say, Let me know if I can do anything for you, your friend may not feel comfortable reaching out and asking. By showing up with a plan, you can alleviate some of the most difficult parts of going through the grieving process keeping up with everything else.Use the phrase Id love it if youd allow me to to increase the odds of them accepting your assistance without shame.5. Help Your Friend Find SupportWhile there are many ways you can support your friend, they may benefit from other types of support as well. A support group for people who have experienced loss, like your friend, can help them connect with others and hear from others who are further along in the grieving process. They may not be ready for quite some time, but gently remind them that they may find comfort in like-minded individuals.6. Plan an ActivityWhen your friend is going through the grieving process, some days or times of the week may be particularly difficult. For example, the demands of the workweek and running a house may keep your friend occupied Monday through Friday, but they struggle with Saturdays.Taking them out for coffee, to walk around a farmers market, or to their favorite restaurant can give them something to look forward to and get through the more difficult days.7. Keep in TouchMany people may be in touch with your friend immediately following their loss. However, when life starts to get back to normal, those people may stop reaching out. Keeping in touch with your friend will show them that youre there for them and available to give them support during the grieving process.Get Support at The Terraces at Bonita SpringsNavigating the loss of a loved one isnt something you should have to face alone. Fortunately, at The Terraces at Bonita Springs, youll have friends and associates to hold your hand and help. Give us a call at 239-949-7848 to learn more about our groups dedicated to those who have experienced the loss of a significant partner.
We all make mistakes in many areas of life. These mistakes are usually fairly harmless we took a wrong turn while driving, used the wrong ingredients in a recipe and so on. But sometimes, our mistakes can be costly especially those connected to investing.Here are some of the most common investment mistakes: Too much buying and selling Some people find it exciting to constantly buy and sell investments in the pursuit of big gains. Yet, frequent trading can work against you in a couple of ways. First, it can be expensive if youre always buying and selling investments, you could rack up taxes, fees and commissions. Perhaps even more important, though, excessive purchases and sales can make it difficult to follow a unified, cohesive investment strategy. Such a strategy requires, among other things, careful construction and management of an investment portfolio thats appropriate for your goals, risk tolerance and time horizon. Heavy trading can disrupt this strategy. Failing to diversify If you only owned one type of asset, such as growth-oriented stocks, your portfolio could take a hit when the financial markets go through a downturn. But not all investments will respond the same way to the same forces for example, stocks and bonds can move in different directions at any given time. And thats why its usually a good idea to own a mix of investments, which can include domestic and foreign stocks, bonds, certificates of deposit (CDs) and government securities. Keep in mind, though, that while diversification can help reduce the impact of market volatility, it cant guarantee profits or protect against losses in a declining market. Trying to time the market Buy low and sell high might be the original piece of investment advice, but its pretty hard to follow because no one can really predict when an investment will reach low or high points. Also, trying to time the market in this way can lead to bad decisions, such as selling investments whose price has dropped, even if these same investments still have good business fundamentals and strong prospects. Not understanding what youre investing in If you dont know the nature of investments when you buy them, you could set yourself up for unpleasant surprises. For example, some companies, by the very nature of their business and the type of industry theyre in, may consistently pay dividends to their investors even though their stock prices may only show relatively modest price gains over time. If you bought shares of this stock, thinking it had the potential to achieve quite substantial appreciation, you might end up disappointed. Making the wrong comparisons Youre no doubt familiar with some of the most well-known investment benchmarks the S&P 500, Dow Jones Industrial Average and the Nasdaq Composite. But it might be counterproductive to compare your results against these indexes. If you have a diversified portfolio, youll own an array of investments that wont fit into any single index or benchmark, so you wont get an apples-to-apples comparison. Youre better off comparing your portfolios performance against the only benchmark that really matters the progress you need to make to help achieve your goals.Investing will always have its challenges but you can help make it easier on yourself by staying away from as many mistakes as possible.Chad Choate III, AAMS828 3rd Avenue WestBradenton, FL email@example.comThis article was written by Edward Jones for use by your local Edward Jones Financial Advisor.Edward Jones, Member SIPC
Platinum Benefit Services, Inc. is committed to helping families gain maximum government benefits for Long Term Care and providing both compassion and application expertise. Since 1996, we have helped more than 10,000 families qualify for Medicaid while strategically protecting an estimated $1,000,000,000 in assets in conjunction with appropriate legal counsel.Platinum works diligently to process all types of long-term care applications with a specialization in complex nursing home applications for families who employ high end asset protection strategies. Platinum Benefit Services, Inc. are experts in the field of nursing home Medicaid application processing.