Exploring Funding Sources for Home Health and Nursing Home Care
Finding funding for home health care and nursing home care requires careful planning. Most elderly people prefer to stay in their own homes for as long as possible, and are interested in preserving assets for the next generation.
Attorney Stephen O. Allaire and the professional staff at Ruggiero Ziogas & Allaire are adept at putting the pieces of the home health care funding puzzle together. We provide comprehensive estate planning, including trusts and wills, and are dedicated to protecting the family home.
Home Health Care Funding and Nursing Home Funding Resources
There are a number of funding options for clients seeking home health care or nursing home care, including:
Veterans' Aid and Attendance : If you are a veteran who served during wartime, you may qualify for up to $1,949 in monthly aid and attendance benefits for home health care, assisted living or nursing home care. Spouses of deceased veterans may qualify for up to $1,056 in similar monthly benefits.
Medicaid: It is difficult to qualify for Medicaid, as Medicaid has very strict income and asset limits. But that doesn't mean that you have to spend every last penny you have in order to get the home health care or nursing home care you need. We can help you establish trusts create a life care plan and reallocate assets so that you may qualify.
The Connecticut Home Care Program for Elders provides a wide range of home health care services, including case management, transportation and delivered meals. It draws funding from Medicaid and state sources. In order to qualify for the Medicaid-funded waiver, your income may not exceed $2,022 per month with strict limits on assets. There are no income limits for state-funded services, however, and with proper planning the $2,022 limit will not disqualify you.
Gain the Advantage of Our Counsel
Our geriatric care coordinator knows that every elderly person is just one serious fall away from breaking a hip and requiring nursing home care. That is why we work so hard to help you find the home health care funding you need and deserve.
For more information on home health care funding, contact us today.