Senior Medicaid Planning for New Jersey Assisted Living| NJ
We Complete The Entire Application Process for You
We Make Medicaid Easy
Do you feel It's time to move a loved one to an Assisted Living Facility?
It can be a difficult moment when you come to realize that your mom or dad needs senior care in a setting like assisted living. Just as our parents kept us safe, sheltered and secure when we needed it – there comes a time when we’re called upon to return this same love to our parents.
It can be a difficult moment when you come to realize that your mom or dad needs senior care in a setting like assisted living. Just as our parents kept us safe, sheltered and secure when we needed it – there comes a time when we’re called upon to return this same love to our parents.
One of the biggest questions and fears that come to mind at this point is not just the emotions but... HOW WILL WE PAY FOR IT.
With the cost of assisted living facilities averaging almost $70,000/yr in New Jersey, without the proper guidance and planning the average family will deplete their hard earned savings in a very short period of time.
[as of 2015 for New Jersey and based on Genworth state by state analysis]
What's the answer?
Medicaid... Medicaid has become, by default, the long-term care insurance of middle class Americans and qualifying for Medicaid benefits may be the only thing standing between your wife or husband living in poverty if you need nursing home care or the difference in allowing you to live more comfortably in an Assisted Living Community. New Jersey's Managed Long Term Services and Supports [MLTSS] has a waiver program that allows you to qualifiy for Medicaid benefits and use them for care at an Assisted Living Facility
With the cost of assisted living facilities averaging almost $70,000/yr in New Jersey, without the proper guidance and planning the average family will deplete their hard earned savings in a very short period of time.
[as of 2015 for New Jersey and based on Genworth state by state analysis]
What's the answer?
Medicaid... Medicaid has become, by default, the long-term care insurance of middle class Americans and qualifying for Medicaid benefits may be the only thing standing between your wife or husband living in poverty if you need nursing home care or the difference in allowing you to live more comfortably in an Assisted Living Community. New Jersey's Managed Long Term Services and Supports [MLTSS] has a waiver program that allows you to qualifiy for Medicaid benefits and use them for care at an Assisted Living Facility
However, the Medicaid application process is very tiresome, there is a mountain of overwhelming paperwork that will include documenting the entire financial situation of the applicant for the past 5 years ( and every fact in the application must be verified with corresponding documentation ). This will take a tremendous amount of time to gather, time that most people just don't have.
Because of the amount of supporting documents required, in order to successfully achieve Medicaid eligibility it is critical that applicants understand Medicaid document rules. Doing this on your own could take months and common mistakes will leave you and your loved one vulnerable to periods of ineligibility, delays and denials which will be financially devastating.
An average Medicaid application packet contains up to 1100 pages of documents
What's the solution?
Have our highly experienced staff complete the entire process for you.
Our Medicaid Eligibility Advisors (MEA)® are specialists, they have years of experience and stay apprised of all changes in rules regarding eligibility. We know exactly what the caseworkers need, how to best submit it to them and what issues could cause delays or denials. All this will help to ensure that your application process is completed and submitted in the shortest amount of time possible.
Because of the amount of supporting documents required, in order to successfully achieve Medicaid eligibility it is critical that applicants understand Medicaid document rules. Doing this on your own could take months and common mistakes will leave you and your loved one vulnerable to periods of ineligibility, delays and denials which will be financially devastating.
An average Medicaid application packet contains up to 1100 pages of documents
What's the solution?
Have our highly experienced staff complete the entire process for you.
Our Medicaid Eligibility Advisors (MEA)® are specialists, they have years of experience and stay apprised of all changes in rules regarding eligibility. We know exactly what the caseworkers need, how to best submit it to them and what issues could cause delays or denials. All this will help to ensure that your application process is completed and submitted in the shortest amount of time possible.
Medicaid rules and requirements become more and more complex each year with strict financial guidelines and countless regulations. If you apply to soon and without the proper guidance you could be denied or imposed with a penalty…wait too long and you’ll be paying the nursing facility costs each month from your savings.
Why Medicaid?
Medicaid provides assistance to individuals who are 65 or older and in need of a Skilled Nursing Facility or an Assisted Living Facility
Medicaid is the single largest payer of nursing home bills in America and serves as the option for many people who have no other way to finance their long-term care.
Although Medicaid does have financial restrictions, it's by no means just for those below the poverty level. For those with a spouse... couples may retain assets up to $119,220 and the equity in your home can be as high as $828,000 in New Jersey certain circumstances allow you to retain more of your assets and income. ( figures reflect new 2015 increases ).
Medicaid Myths & Truths;
There are many incorrect statement and beliefs floating around about Medicaid such as;
1. Medicaid is not just for the poor. It's also for Middle Class Americians who have some savings and a home but do not have several hundred thousand dollars available for Long Term Care
2. Receiving Medicaid benefits does not mean that you will be placed in a sub standard facility or receive sub standard care. Care is the same for all residents, it is against Federal laws to provide lesser care for someone receiving benefits.
3. You do not have to give up or sell your family home, you can keep your home while receiving Medicaid benefits.
4. You do not have to be penniless, you can retain assets and income while receiving Medicaid benefits [certain circumstances may allow you to retain 100% of your assets]
3 good rules for Medicaid applications
1. Don't submit a Medicaid application until you are absolutely sure that you qualify. Have all documentation reviewed by an expert to ensure that everything has been done to ensure that you qualify before the application is submitted. Denials may result in the need for an appeal which will delay the process 6-9 months and create expensive appeal hearings, penalties mean you'll be paying out of pocket for care.
2. Don't submit the application until you are sure you have all of the necessary documentation ( this could result in a denial also which will cause additional delays and expenses with appeal hearings ).
3. Don't submit a Medicaid application without the assistance of a professional that will work hard for you.
1. Don't submit a Medicaid application until you are absolutely sure that you qualify. Have all documentation reviewed by an expert to ensure that everything has been done to ensure that you qualify before the application is submitted. Denials may result in the need for an appeal which will delay the process 6-9 months and create expensive appeal hearings, penalties mean you'll be paying out of pocket for care.
2. Don't submit the application until you are sure you have all of the necessary documentation ( this could result in a denial also which will cause additional delays and expenses with appeal hearings ).
3. Don't submit a Medicaid application without the assistance of a professional that will work hard for you.
What we do for you:
- We make house visits! We recognize that the process of filing an application for Medicaid can be extremely stressful. We’ll arrange appointments that are most convenient for our clients, including evenings and weekends. The key is to create an environment of trust.
- After retaining our services, we will provide you with a complete financial resource assessment detailing all of the strategies we will use to get you qualified for Medicaid AND preserve your assets.
- We will assign a dedicated Medicaid Eligibility Advisor (MEA)® who will meet with you, handle your application and will be there to answer all of your questions throughout the entire process.
- We obtain all of the necessary documents and verification's that Medicaid will require, we take care of everything so you don't have to.
- We will revue the financial situation of the applicant and obtain a list of assets and determine the best way to achieve financial eligibility, review all bank statements and financial documents to determine if there are any potential issues with transfers, "gifts", closed accounts or spending that may be questionable to Medicaid and address each prior to submission to help ensure a smooth approval process without delays or denials.
- We will complete the application and create a thorough and detailed packet containing all of the necessary documentation and submit it to the Medicaid caseworker.
- Because, very often, a great deal of follow-up is required with the Medicaid caseworker, we will communicate with them directly to ensure the process moves in a timely manner and that the Medicaid agency abides by all the Federal guidelines regarding "timely approvals". We're with you all the way through from initial consultation to the final approval.
- FREE ATTORNEY REVIEW* - We have attorneys that review each and every packet that our Case Managers assemble as an added benefit to our clients.
ASK ABOUT OUR FLAT FEE PRICING AND PAYMENT PLANS
We take care of everything
so that you can put your mind at ease
Our fees are approved as a Medicaid deduction and can be used as part of the "Medicaid Eligibility Process".
*Attorney Review Policy pertains to application packet review only
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Services Application Processing Medicaid Eligibility Advisor®
Services Application Processing Medicaid Eligibility Advisor®
