How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Lane Your Own Question
Lane
Lane, JD, CFP, MBA, CRPS
Category: Finance
Satisfied Customers: 10172
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
1929974
Type Your Finance Question Here...
Lane is online now
A new question is answered every 9 seconds

In May 2015 I had a p replacement. The hospital sent me days

Customer Question

In May 2015 I had a hip replacement. The hospital sent me for rehab for 8 days to a local nursing/rehab facility. It's my understanding that a 5 year look back of my finances should not be considered because I was not entering the facility for long term nursing care. I live in New York State. The nursing home is trying to charge me this past year for over $6600.00
I have since moved off Medicaid and am now on Medicare. Can you please advise that my assumption of Medicaid paying the bill is correct?
Submitted: 5 months ago.
Category: Finance
Expert:  Lane replied 5 months ago.

Hi,

...

The five year lookback is for all medicaoid not just Nursing home.

...

BUT that lookback has to do with moving assets out (transferring to another, etc)

...

However, it's whether you were on Medicaid At THE TIME that should dictate whether Medicaid covers or not.

...

The 5 year lookback is an eligibility (or recovery for Medicaid) issue.

Related Finance Questions