Medicaid Poll: Paul Ryan Block Grants Unpopular

What many people do not understand about medicaid:

You may have you're medicare and a decent retirement along with about $100,000 in savings and you may still have the need for medicaid. My father in-law has a good retirement being retired from civil service and the Air Force. His wife managed to save probably about $150,000 and had her social security. She became ill with Alzheimer'­s and had managed to blow about $30,000 in her sickness.



My father in-law took care of her a lot longer than most people would before he finally looked into finding a nursing home to put her in. They promised each other they would not put the other into a home and he was determined to keep his promise. Unfortunat­ely she became to ill to care for and he had no choice.



He found out medicare would only pay for a two week stay. He had to file for medicaid for her. To qualify he had to get their assets down to a certain level before they would take her. In the mean time he used the savings to pay for her care and that was going quick when he had to pay $8,000/mon­th for the home which didn't include many of the other expenses needed for her care. In the end he had to get rid of half of the assets they spent a lifetime to acquire.



Do not believe just because you will have medicare you won't need medicaid.
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