Medicaid laws and guidelines are complicated and differ from one state to the next. At Platinum Benefits Services, Inc., our professionals remain current on all the newest developments, guaranteeing that our esteemed clients receive accurate and relevant guidance. Our professionals maximize the likelihood of acceptance by applying this knowledge to navigate the qualifying criteria with the highest precision.
2. Formulating Asset Protection Strategies
Managing assets to meet the Medicaid nursing home eligibility is a major obstacle to Medicaid eligibility. Developing asset protection methods is our experts' area of expertise. They use a variety of legal strategies to protect assets and make sure they don't count against eligibility requirements, such as irrevocable Medicaid trusts.
3. Customized Income Planning
The only factor determining a person's eligibility for a Medicaid nursing facility is their income. Our professionals help clients arrange their income so that it complies with the requirements of the program. Our experts customize solutions to fulfill all of these unique criteria, whether it entails changing the revenue into exempt forms or developing income streams that comply with Medicaid regulations.
4. Concrete Spend Down Strategies
In order to be eligible for the Medicaid long-term care plan, applicants must spend their assets. By guiding clients through smart spend-down planning, our specialists make sure that assets are used prudently to support long-term care needs without jeopardizing their ability to maintain financial stability.
5. Personalized Medicaid Planning Documents
Medicaid planning includes preparing important legal paperwork. At Platinum Benefits Services, Inc., we collaborate closely with our esteemed clients to create customized legal documents, such as health care proxies and powers of attorney, that help qualify Medicaid nursing home eligibility. Even in difficult circumstances, these documents give the applicants and their families the ability to make well-informed decisions about long-term care.
The professionals at Platinum Benefits Services, Inc. playing a crucial role in ensuring Medicaid nursing home eligibility because they use their extensive knowledge, put asset protection plans into place, and provide one-on-one assistance at every stage. Thus, Platinum Benefits Services, Inc. is the only place to turn if you need professional help determining your eligibility for a nursing home.
What has it been like working with Platinum Benefit Services?
“As a retired healthcare executive (CEO of 4 major systems over 27 years) I was unfamiliar with the significant detailed information necessary to obtain Medicaid approval (for a retired, single, sister). Your staff at Platinum, primarily Jenna Newton, was incredibly professional and proficient. I could not have received better counsel, advice, and service. Words are inadequate in expressing my gratitude to your outstanding organization. Sincerely, Ned B. Wilford”
Ned B. Wilford
“I was glad I found Platinum Benefits when my father needed more care than his previous facility could provide because I had no idea how to apply for Medicaid. They put me in touch with an attorney for all the legal matters and helped me with all the paperwork. It was a lot to do but worth all the time and money when Dad got approved.”
“I had no idea how to go thru the process for filing for Medicaid. I was referred to Platinum Benefit from the social worker at my Dad’s nursing home. From the time of the initial phone call all the way thru people there were wonderful. They were helpful in explaining things and walking me thru this very difficult process. Dad’s Medicaid was recently approved and while I from time to time call Platinum with questions, they always help answer them. Thank you!!”
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 Over 14,000 families qualify for Medicaid while strategically protecting an estimated $1,000,000,000 in assets in conjunction with appropriate legal counsel.