A Medicaid Attorney in Miami Florida can help you or a loved one navigate the complex rules regarding Medicaid qualification. As individuals age, the need for long-term care often arises. While long-term care can be incredibly helpful, it is also quite expensive. A higher-end assisted living facility costs around $6,000 a month, while skilled nursing facilities generally cost $10,000-$12,000 per month. It does get more complex than this, but a Medicaid Attorney in Miami Florida can help make sense of this. Let’s take a look at some of the specifics regarding cost of care and eligibility rules.
Discover how a Medicaid Attorney in Miami Florida Can Help to Get Secure Long-Term Care Benefits:
A Medicaid Attorney in Miami Florida will help you understand the differences between how Medicaid helps pay for long-term care for an assisted living facility vs. a skilled nursing facility. Medicaid is not contracted with all assisted living facilities. For the facilities with which it is contracted, Medicaid will generally pay between $1,400 and $1,700 a month toward the cost of care, and the patient is responsible for paying the remainder each month. When asked about Medicaid’s arrangement with skilled nursing facilities, a Medicaid Attorney in Miami Florida will tell you that Medicaid is contracted with all skilled nursing facilities in Florida, and that Medicaid will pay everything above the resident’s patient responsibility.
Let’s take a closer look at what this means. As mentioned, and as a Medicaid Attorney in Miami Florida will tell you, skilled nursing facilities generally cost $10,000 to $12,000 a month. If an applicant’s monthly income is $2,400, then their patient responsibility (what they owe the nursing home each month), would be $2,400 minus a Personal Needs Allowance of $160, minus the cost of their health insurance premium if they have one, minus certain other expenses if the appropriate conditions apply. In this case, the patient responsibility would be $2,240 a month ($2,400-$160). Medicaid would pay the skilled nursing facility the remaining $9,760 a month, assuming the facility cost $12,000 a month.
This proves invaluable to so many individuals and families. A Medicaid Attorney in Miami Florida will also help you understand and navigate the qualification criteria, such as the countable asset and income limit. In 2024, the countable asset limit for a single applicant is $2,000 and the monthly income limit is $2,829. When an individual applicant exceeds these amounts, steps must be taken to get them below these qualification thresholds, which a Medicaid Attorney in Miami Florida can help with.
Over To You:
Platinum Benefits Services has obtained over 14,000 Medicaid approvals for our clients over our 27 years of service. With the aid of appropriate legal counsel, such as a Medicaid Attorney in Miami Florida, we will make sure that you or your loved one receives the benefits you or they deserve. If you want the help of the best in the business, contact a Medicaid Attorney in Miami Florida and Platinum Benefit Services today!
