I'm new to all these questions and am struggling figure it out. My dad is 77 years old and has had Medicaid and Medicare for a few years. He would like to sell his home, buy a small trailer and move in to a trailer park for about $80 a month. If he decides to sell now, how does that impact his Medicaid coverage? He does not have a mortgage right now but it's just him and he doesn't want to keep paying for electricity and water and doesn't have the energy (on chemo pills) to maintain the yard anymore. Will his coverage be removed? What if he gifts me the house? Or what if he just leaves the house there and moves to the trailer park? Any options that would not impact him? Thank you in advance!
The problem with depending on information from a forum is that each state is different and each situation is unique, so what may be applicable in my state may be different in yours.
This is a situation that it is very important that you know what the rules are and how they apply to your situation.
I hope it works out and you get some firm answers, you may need to talk to a supervisor that can find out or actually knows.
Medicaid is his suppliment. He gets dental and vision. If he sells his house, he probably will lose his Medicaid because now he can afford his supplimental. Once he spends that down, he could go back on Medicaid. I would go to the Medicaid office. I hate talking over the phone.