Will Medicare allow dad to pay for house payments, even though he's in a nursing home?
Dkph asked...
My father is in a michigan nursing home but still has house payments to make. Will medicaid allow him to still make his house payments?
Expert Answer
Barbara Steinberg is the CEO and founder of BLS Eldercare Financial Solutions, which specializes in helping families pay for long-term care for their loved ones. A registered financial gerontologist, she speaks regularly on the topic of paying for long-term care and is a financial expert for Caring.com.
Once your Dad is on Medicaid, all of his income, minus a personal needs allowance, must go the nursing home. You can make his house payments with your money and then be reimbursed when the house has been sold.