Williamsville, NY (PRWEB) August 06, 2012
Simplified Solutions of WNY, a trusted resource for senior citizens in New York, recently offered key information to educate married couples on how to utilize Medicaid allowances to help cover nursing home costs. One of these allowances, the Medicaid's Minimum Monthly Maintenance Needs Allowance (MMMNA), allows individuals in nursing homes to allocate some or all of their income to the spouse remaining at home.
Many families who do not know the Medicaid rules and understand how to qualify, end up spending their monthly income and retirement money on nursing home expenses. The Medicaid law provides special protections for the spouse of a nursing home resident to make sure he or she has the minimum support needed to continue to live at home. The spouse who is not living in the nursing home is allowed by Medicaid to keep some of the nursing home resident's income.
"If you know the rules and apply the right strategies, not only will you be able to qualify for Medicaid, but a significant portion of income can be redirected back to the well spouse so that they can maintain their lifestyle," said Margie Cannon-Zdrojewski, Elder Services Consultant at Simplified Solutions of WNY LLC.
"Without applying proper asset protection strategies, the well spouse would be forced to spend down all remaining assets greater than $109,000. This doesn't have to be the case and most families can protect up to 100% of the assets if no one is in the nursing home and between 50% - 60% of the assets even if one or both spouses are already in a nursing home."
Simplified Solutions of WNY ensures that every facet of the Medicaid Application process is done accurately. They specialize in helping clients navigate the complex nursing home Medicaid application process, so clients can focus on the emotional needs of their family. For further information about all of the elder care services that Simplified Solutions provides, visit their website at http://www.simplifiedsolutionsofwny.com. To schedule a free consultation, call (716) 908-1608.
About the company:
Simplified Solutions of WNY provides a focused, informed approach to the elderly, while maintaining their privacy, independence and dignity. Their number one goal is to provide our clients and their loved ones with a sense of security, trustworthiness, and peace of mind. They assist their clients navigate through everyday challenges of independent senior living, those who are living in retirement communities, and all living situations in between - their services target not only day to day responsibilities, but also those that are specific to insurance matters. Simplified Solutions of WNY is the Buffalo Areas best choice for assistance with the Medicaid Application Process and Veterans Aid & Attendance pension benefits. For more information visit their website at http://www.simplifiedsolutionsofwny.com.