Top 5 Questions A Certified Medicaid Planner Encounters: Insights for Healthcare Pros and Caregivers

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Beneficent: LTC Funding Education & Options

For more information about the author, click to view their website: Beneficent

Posted on

Apr 03, 2024

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Colorado - Colorado Springs

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Hello, allow us to introduce ourselves! We are Beneficent, and we provide trustworthy long-term care guidance for deeply caring family members facing a critical long-term care financial crisis.

Beneficent helps clients understand, prepare, and qualify for programs covering high costs of Long-term Care including assisted living, adult day care, home care, or skilled nursing homes for seniors and disabled adults.

As Certified Medicaid Planers Read our Top 5 questions we hear most.

  1. Must I spend down to $2,000 to apply for long-term care Medicaid? 
    No, reducing your assets to $2,000 is not the only route to qualify for Long-term Care Medicaid if your income exceeds the limits.
    By leveraging legal strategies within Medicaid regulations, we can assist in navigating the income requirements.
    For 2024, a single applicant is expected to have a resource limit of $2,000, while the limit for a married applicant is about $150,000

  2.  If I accept Medicaid assistance will I lose my home?
    Once a Medicaid recipient passes, the state may seek reimbursement of the amount they paid for in long-term care costs. However, proper planning can protect a home and other assets from a Medicaid claim.

  3. I have been told I make too much money to qualify for Long-term Care Medicaid?
    The best way to figure out your best options is to schedule your first free initial consultation with Beneficent on our home page. (www.doinggoodforothers.com)
    During that time, we'll review and evaluate your assets to determine if we can help you qualify for a long-term plan

    4. Is Medicaid Planning legal and ethical?
    Proper Medicaid planning is legal and ethical and it works to ensure that all rules and regulations are followed.
    Medicaid planning seeks out effective methods of securing eligibility while preserving assets for the future benefit of the applicant and the applicant’s loved ones

    5. Should I apply for Medicaid or VA Aid + Attandance on my own?
    We appreciate your determination to tackle the application process independently. However, it's important to note that many individuals find themselves facing denials due to the complexity of the process.
    To support you, we offer a complimentary 1-hour consultation where we share our expertise on how to file for and qualify for these benefits—completely free of charge.

    If you feel prepared to dedicate the significant amount of time required and are ready to manage the intricate details involved, we are more than willing to equip you with all the necessary information. Our goal is to ensure that you are informed and confident in whichever path you choose to take, whether it's proceeding on your own or seeking further assistance. Remember, our guidance during the consultation is meant to empower you with knowledge, but navigating the process can still be a challenging endeavor.

Call us to schedule an appointment. 719.645.8350 - OR - read more of our FAQs on our website. www.doinggoodforothers.com/faqs 

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Beneficent: LTC Funding Education & Options

Financial Services 665 Southpointe Court, Colorado Springs, Colorado, 80906

We quickly navigate Seniors and Disabled Adults to the best financial program to help pay for senior care, including assisted living, adult day care, home care, nursing homes, or senior living. During our complimentary initial consultation, we outline how to preserve assets and protect cash while qualifying for long-term care programs.

Beneficent: LTC Funding Education & Options

Long Term Care Planning 665 Southpointe Court, Colorado Springs, Colorado, 80906

We quickly navigate Seniors and Disabled Adults to the best financial program to help pay for senior care, including assisted living, adult day care, home care, nursing homes, or senior living. During our complimentary initial consultation, we outline how to preserve assets and protect cash while qualifying for long-term care programs.

Beneficent: LTC Funding Education & Options

Medicare & Medicaid Information 665 Southpointe Court, Colorado Springs, Colorado, 80906

Beneficent creates solutions for senior and disabled adults to pay for Long-term Care Services - INCLUDING HOME CARE, ASSISTED LIVING, OR SKILLED NURSING. Our clients benefit from step-by-step guidance which results in minimizing spend down, preserving assets, and limiting out-of-pocket expenses. BENEFICENT HAS OVER 200 FIVE-STAR REVIEWS ON GOOGLE AND THE BETTER BUSINESS BUREAU. During our FREE initial consultation, you'll walk away with certainty on your next steps moving forward regarding how to pay for long-term care.