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Medical Assistance
COMMONWEALTH OF PENNSYLVANIA
DEPARTMENT OF WELFARE
NURSING HOME ASSISTANCE INFORMATION
THE DAY MAY COME WHEN ONE OR BOTH OF YOUR PARENTS, OR MAYBE YOURSELF MAY
NEED NURSING HOME CARE. IN TODAY'S DAY AND AGE, THE COST OF NURSING HOME
CARE CAN REACH OR EXCEED $5000.00 A MONTH. AS YOU CAN SEE THIS CAN QUICKLY
DEPLETE SAVINGS, AND ASSETS HELD BY THE INDIVIDUAL WHO NEEDS THE NURSING
HOME CARE. THE STATE OF PENNSYLVANIA PRESENTLY GOES BACK 3 YEARS TO TRACK
THE INDIVIDUALS ASSETS, INCLUDING LIFE INSURANCE POLICIES, WHEN THEY APPLY
FOR PUBLIC ASSISTANCE FOR NURSING HOME CARE.
TO QUALIFY FOR NURSING HOME MEDICAL ASSISTANCE THE INDIVIDUAL WILL HAVE TO
HAVE SPEND DOWN THEIR FUNDS. YOU ARE ALLOWED TO HAVE THE FOLLOWING ASSETS:
1. UP TO BUT NOT EXCEEDING $2,400.00 IN A PERSONAL CHECKING OR SAVINGS
ACCOUNT, FOR DAILY NEEDS.
2. UP TO $8,800.00 IN A PRE-ARRANGED FUNERAL IRREVOCABLE TRUST ACCOUNT.
UNLESS THE ACCOUNT WAS SET UP PRIOR TO APPLYING FOR MEDICAL ASSISTANCE ,IN
WHICH CASE YOU MAY SET ASIDE AS MUCH AS YOU WISH TO SPEND ON FUNERAL
EXPENSES.
3. ALSO, YOU MAY SPEND UP TO $2,500.00 ON A MONUMENT, IF ONE HAS NOT BEEN
PURCHASED PREVIOUSLY.
FOR MORE INFORMATION CONCERNING THESE MATTERS PLEASE FEEL FREE TO CONTACT
OUR FIRM.
Click here to review INFORMATION ABOUT THE
MEDICAL ASSISTANCE ESTATE
RECOVERY PROGRAM.
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