Medi-Cal Planning
Medicaid is now the largest payer of nursing home costs in the United States. In California, Medicaid is known as Medi-Cal. We can help you qualify for assistance from Medi-Cal to help pay for long-term care, including nursing home care.
Whether you have assets ranging from Fifty Thousand Dollars to Five Million Dollars, we can help you reallocate your estate in the proper legal vehicles to ensure its safety and your eligibility for Medi-Cal assistance.
Let us shed some light on one of the most misunderstood of all rumors surrounding Medi-Cal. You may have heard that only low-income earners can qualify. This is not true. Contrary to popular beliefs, there are Asset Protection laws intended for you to safeguard your life savings, but that do not rely on a Case Worker to set up such a structure on your behalf.
Another common misconception is that you can simply give assets away to qualify for assistance from Medi-Cal. Untrue. The 2011 Deficit Reduction Act (DRA) mandated what is known as the Five Year Look Back Period. This refers to the length of time you could be penalized when making an uncompensated transfer or gift of assets. Proper reallocation is key to preventing this financially devastating result. If you have been told that you have too many assets to qualify for Medi-Cal assistance to pay for nursing home care, you must understand that some of the information provided to most people is quite often incorrect. Even social workers and nursing home personnel may be mistaken about your eligibility for Medi-Cal.
At First Class Counsel, we understand the complex laws governing Medi-Cal eligibility and can use a range of strategies and tools to help you qualify for assistance.
