What Is PEME   For most individuals, the cost of long term healthcare can be crippling. Thankfully, the federal and state government helps those in need cover much of the cost through a program called Medicaid. Eligibility for Medicaid is based on a

When determining if somebody is financially eligible for long term Medicaid benefits in NJ, there are 3 elements considered. Income, resources, and gifting In this article, we are going to focus on the topic of resources. Countable resources include, but are not

What The Community Spouse Can Keep   One of the most common concerns that I come across when dealing with clients applying for Medicaid in New Jersey is what will the healthy spouse, or “community spouse” be left with in order to

Understanding How A Medicaid Penalty Works Before we get started with an in depth explanation of a Medicaid penalty, it is important to understand what a Medicaid penalty is. In short, a Medicaid penalty is a period of time that Medicaid

  Overview   To determine if an individual is financially eligible for New Jersey’s long term Medicaid program, Medicaid takes 3 factors into account, the applicants monthly income, the applicants available assets, and Medicaid will execute a 5 year look back to verify