My 66yo brother has been disabled from polio since age 4, and now has post polio syndrome. He has lost ability to stand, and left side weakness which is going to right side and is in power chair. He can barely write. He has had Medicare for many years. His only income is my late father's social security, approx $800 a month. I live 3 hours away but provide a home for him (which he shared with my late mother.) I have never charged rent or upkeep costs. A brother now lives there and handles groceries and cooking. With his inevitable worsening health, I applied for Medicaid for his secondary coverage. It was denied due to the only asset he has in this world, a $15,000 life insurance policy that has a small cash value on it. The policy is basically for his funeral costs. He is hesitant to take it out and I don't want to push him. Any suggestions?
He can't have this asset and receive Medicaid, so he must decide what is more important. If he decides that the 15k is, then you must decide what kind of help you are willing to give.
Personally I would not provide any financial assistance if he decides that the 15k is more important, because he isn't doing everything possible to stay out of your wallet and that is a deal breaker.
After all of these years is he not able to continue as is because of the other brother moving in?
Maybe he needs to help financially for a place to live.