Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19365  
Subject: Re: LTC Date: 3/4/2000 9:41 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Greetings, FunkyHippy, and welcome. You wrote:

<<I have read the postings on LTC with a great deal of interest, not only for what I should do myself (I'm 55)but mostly for my mother who is 85 but in good health. She doesn't need a nursing home but she will probably need independent or assisted living. The question is, what happens if she runs out of money after a few years? I know most if not all of these places are private so would they kick her out? She doesn't live in the States right now but would like to come back because she feels lonely. I would appreciate any information provided.>>

A strictly private facility that does not accept Medicaid could indeed eject someone who runs out of money. At the present time I know of no state Medicaid program that authorizes coverage for independent living facilities, but most now do so for assisted living. Most of the latter are licensed by the state and approved for Medicaid. As such, they cannot deny service to persons on Medicaid.

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next


Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.