A: Consider these Medicare/Medicaid facts:
2010 Medicare and Medicaid Allowances
Medicare Coverage for Nursing Home Care
- Skilled care only
- 3 day prior hospital stay
- Medicare approved facility
- Days 1-20: Full Benefits
- Days 21-100: All but $137.50 per day
- Days 101+: Nothing
Medicare Coverage for Home Health Care
- Medically necessary
- Part-time or intermittent care
- No hospital stay required
- Must be homebound
- Custodial care not included
2010 Medicaid Limits for Married Couples
- Married Couple Income Amount
- $2,739 per month ($32,868 annually)
- Married Couple Resources
- Assets up to $109,560
- Residence (as long as Community Spouse lives in the house)
- Household Furnishings
- Burial Fund
2010 Medicaid Limits for Single Person
- Individual Income Amount
- $50 per month
- Individual Resources
- $13,800 Savings
- $1,500 Burial Fund