If you ever needed a nursing home, would you know how to pay for it? The best time to start planning is before you need one. Watch to learn about some of the most common payment options for nursing home residents.
**All rates and limits listed discussed are for 2022. These numbers are typically adjusted by the state on a yearly basis. Check with your plan for rates if you have a Medicare Advantage Plan. (Check out our Medicaid blog with updates numbers for 2023: https://www.elderjusticeny.org/blog/m... )
0:00 Intro
1:00 Medicare for Nursing Homes
3:54 Medicaid for Nursing Homes
5:35 Common Questions
CMS Medicare Rates: https://www.cms.gov/newsroom/factshe...
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*DISCLAIMER: This video is for informational purposes only. It is not meant to replace the advice of an attorney nor does it constitute an attorney client relationship. You are encouraged to consult with an attorney of your choosing. Every case is different and we do not guarantee any specific outcomes on your case.
Sources:
CMS Surveyor Manual: https://www.cms.gov/medicare/provider...
WNYLC: http://www.wnylc.com/health/entry/165...)