Arrgh, I had to send in my mom's bank statements for her Medicaid renewal, and I realized that I accidentally let her assets exceed the $2000 limit at the end of one month, several months ago. I've been told that the end of the month is the key date - that at the end of every month, balance must be under $2000. One month it wasn't. Does anyone know the effect of this? If she lost benefits for one month I could pay the nursing home bill for a month, but I can't pay it every month. Will they just dock us the month, or cancel everything and make us start over? So frustrated and anxious.
When I was an Ombudsman Director we had a facility who took their residents to a Casino for an activity. One of the residents who was on Medicaid won $5000 and they were terrified that that would disqualify her for Medicaid! However, we let the family know to end down any assets over the $2000 by the end of the month and it would not affect her Medicaid status.
Check your mother's medicaid application & paperwork.
I'm not certain if you are required or responsible to report it because DHS doesn't monitor your mother's bank account. If you find out or not, check with the nursing home director or administrator explaining the situation.
Good point.
All the best!
I have mother's AL accounting do autodraft from her account for her share & the rest spend on her personal items.