Medi-Cal Is Not Just For the Poor – Paying for In-Home Care in San Diego County and Nursing Home Care in San Diego County

From our friend Steven Ratner, Elder Law Attorney:

Many people have the misconception that in order to receive Medi-Cal benefits, one must be close to the state poverty limit. This, in fact, is far from the truth. Generally, a married couple can own up to $111,560, a home, a vehicle, and retirement accounts, and still be eligible for Medi-Cal. Moreover, if their combined income is below $2,739 per month, they can own more than $111,560 and still receive Medi-Cal benefits.

For example, if a husband and wife receive $2,500.00 as their combined monthly income, with current interest rates at .5%, they can have $573,600 in the bank and still be eligible for Long Term Care Medi-Cal. Likewise, if the husband and wife receive $2,000.00 of combined monthly income, with current interest rates of return at .5%, they can have up to $1.8 million in the bank.

Of course these numbers are dependent on interest rates at the time of application. Therefore, if interest rates increase, then the couple can have less in the bank. Even with an interest rate of 2%, however, a couple receiving $2,000.00 per month in combined income can still have $443,400 in the bank and receive Medi-Cal.

Accordingly, those who end up spending through their life savings paying for nursing home costs, thinking they are not eligible for Medi-Cal, may just be misinformed.

Tim Colling
Tim Colling

Tim Colling is the founder and President of A Servant's Heart In-Home Care, which provided in-home caregiving services in San Diego County, and also of A Servant's Heart Geriatric Care Management, which provided
professional geriatric care management services and long term care placement services in San Diego County. Tim has more than 30 years of experience in management in a variety of industries. He held a Certified Care Manager credential from the National Academy of Certified Care Managers. Tim is also a Certified Public Accountant (retired), and received his Bachelor’s Degree in Accounting from California State University at San Diego. In addition to writing blog posts here for the Servant’s Heart blog, Tim also is a regular contributor to and to as well as blogs of other eldercare services provider companies. Finally, Tim is also the president of A Servant's Heart Web Design and Marketing, which provides home care marketing as well as website design and online marketing for those who serve the elderly and their families.

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