I am in the process of cashing out some of my dad�s stocks to fix up the roof, etc on his home. Since he is 88 now, maintenance has been minimal for the past 20 years. His eldercare attorney advised me to do this to make him eligible for Medicaid. But, all I understand about Medicaid is it helps with medical expenses and I wonder what other benefits there are from a caregiver�s perspective.
Are there requirements that I should be aware of regarding his welfare? Will I need to have handicap accessibility renovations to consider? Is he at risk that they might decide to put him in a nursing home for some reason? Could new laws be passed that might adversely affect Medicaid recipients living at home?
My promise to dad is to keep him in his home until the very end. So far, I have had to bail him out of one nursing home. Then, the last time he was in the hospital, I wasn�t sure I would ever get him home again.
I guess government programs cause me concern in general. Since we have been through hospice already, dad is pretty much in the system already. We have a nurse that checks on him every month or so as it is. However, am I opening up the door to more intrusion into his life by signing up for Medicaid or what? Has anyone else had experience with Medicaid, good or bad?
Thank You All, Glenda