How would one pay for an in-home aide?
My mom has stage 4 lung cancer. she is now in a nursing home for sub-acute rehab, all a while she is going for chemo. She owns a home and wishes to come back to it. The problem is who is to watch her. Medicare only provides from my understanding two or three weeks, for two to three hours a day only three days a week. What does one do without hurting any assets? How should this be paid? What would she be entitled to? A neighbor spoke to me about medicaid. Not sure if that would be the way to go. Any suggestions, i appreciate it.
Expert Answer
The only way that medicaid would pay is if she has only 2,000. in assets. She may own a house and a car. You might consider a reverse mortgage if she owns her house out right or with a small mortgage. It's too late for her to transfer her money to you to shield it so she would have to pay for her care.