Experience in Navigating Medicaid Application Process
Understanding the Cost of Long-Term Care
In northern New Jersey, the expense of nursing home care ranges from $350 to $450 per day, quickly depleting savings. Qualifying for Medicaid requires meeting specific income and asset guidelines, and the application process is extensive, demanding detailed financial information.
The Importance of Record Keeping
Effective Medicaid planning requires meticulous record-keeping. Applicants need five years of statements for all bank and brokerage accounts, open or closed on which the applicant is listed as an owner, individually or jointly with someone else. Early planning and organized records can simplify the application process later.
Why Professional Guidance Matters
Although nursing home social workers frequently offer application assistance, they might not be fully versed in the nuances of Medicaid law. They cannot provide legal advice. Nursing homes also may have a conflict of interest when the applicant is entitled to take advantage of applicable exceptions under the Medicaid law. Some nursing homes have been known not to advise an applicant about the availability of exceptions to the Medicaid law that would save the applicant and his/her family a considerable amount of money.
A qualified elder law attorney works for the applicant and can offer strategic advice to maximize asset preservation under Medicaid law.
Thorough Review of Applications
Medicaid applications undergo rigorous scrutiny, requiring five years of financial records and detailed explanations for transactions over $2,000. Missteps or unexplained transactions risk penalties and ineligibility periods. Trusts and asset transfers are particularly scrutinized.
Advocacy and Support from Rudolph Law Offices
Our deep understanding of elder law and estate planning enables us to effectively support your Medicaid application. This complex process requires months of preparation, extensive Medicaid law knowledge, and familiarity with Medicaid’s review strategies.
Comprehensive Application Assistance
If dealing with complex forms and documentation is overwhelming, Rudolph Law Offices can manage it for you. We organize all necessary documents into an indexed binder for easy review by Medicaid caseworkers.
Schedule Your Consultation
Begin your Medicaid application process with guidance from our experienced team. Contact Rudolph Law Offices at (973) 838-3636 ext. 4 or online. Our office in Riverdale is handicap-accessible, with ample parking and convenient access to New Jersey Route 23 and I-287.
